Want China Times
Date: 2015-09-01
By: CNA
Taiwanese smartphone maker HTC will cut 400 jobs at its Taoyuan factory by the
HTC’s headquarters in Taoyuan, Aug. 5. (File photo/Kang Hung-chih)
end of October as part of its efforts to reduce costs, the Taoyuan city government confirmed on Monday.
The layoff plan, which was sent to the local government on Aug. 28, would affect around 5% of the nearly 9,000 employees at HTC’s Taoyuan factory, according to local media reports.
HTC declined to comment and reiterated its earlier announcement that the company plans to cut 15% of its global workforce as part of a business realignment plan.
The program includes the establishment of new business units to create profitable growth in the company’s key areas of premium smartphones, virtual reality and connected lifestyle products, HTC said.
