HTC to cut workforce by 15% in major overhaul

Focus Taiwan
Date: 2015/08/13
By: Jeffrey Wu

Taipei, Aug. 13 (CNA) Taiwanese smartphone maker HTC Corp. (宏達電) said Thursday it



will reduce its global workforce by 15 percent as part of a business realignment plan to seek “significant profitable growth with a leaner and more agile operating model.”

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 in an emailed statement.

“HTC is an inspirational company driven by innovative people, with a unique blend of expertise in hardware and software integration, advanced technology and world-class design,” said Cher Wang (王雪紅), chairwoman and chief executive officer of HTC.     [FULL  STORY]

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