Struggling smartphone maker HTC to slash 1,500 jobs in Taiwan

Struggling smartphone maker HTC to slash 1,500 jobs in Taiwan

HTC is looking to fire another 1,500 employees

The company also said the layoffs would be completed by the end of September and would further its plan to put its smartphone and VR businesses under one roof in each region.

Taiwan's struggling smartphone maker HTC announced today it would slash 1,500 jobs, around a fifth of its total workforce, in the biggest staff cull for three years following heavy losses.

HTC WILL SLICE 1,500 workers from its Taiwanese factories as it goes on the hunt to turn a profit, according to Engadget and Bloomberg Taipei's Samson Ellis.

But, thanks to ramped up competition from other smartphone makers like Apple and Samsung, the company has now found themselves struggling as revenue and sales continue in a downward spiral.

How to manually turn on dark mode in Android P
A theme throughout the main keynote, Digital Wellbeing was best showcased at the tail end of Android P's unveil. It's been nearly four weeks since Google released Android P developer preview 3 , complete with final APIs.

HTC manufactures Google's smartphones, the Pixel and Pixel XL. The layoffs are reportedly part of HTC's "strategic adjustment of its workforce".

Earlier this year, HTC reported a 55.5% plunge in April revenues year-over-year and a 46.7% slide in March sales. And let's not forget about last year's deal with Google, which included around 2,000 departures of smartphone design and research staff.

Under the deal with Google, which was completed in January, about 2,000 HTC engineers who used to work for the ODM assets shifted gears to work for the US company.

Latest News