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HTC makes first step towards closure with workforce downsize in Taiwan

HTC headquarters, Hsintien, Taiwan. (Source: News4Europe)
HTC headquarters, Hsintien, Taiwan. (Source: News4Europe)
HTC is set to lay off 1500 workers from its Taiwan manufacturing unit by September. The company has seen a consistent drop in sales figures over the past year or so, and it’s about time we came to terms with the fact that the Taiwanese company could close shop soon.
Ricci Rox,

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HTC has seen its stock take a tumble down a hill in the recent past. The company has been faced with continually dwindling sales number over the past 18 months or so, and it’s no surprise that repercussions have started surfacing. According to a new report, HTC is set to layoff 1500 workers from its Taiwan workforce.

Figures from last month put the company’s workforce at a sizeable 6,400, so this is a significant move. This layoff will be primarily from staff in its manufacturing unit and is expected to be completed by the end of September.

HTC already sold off a large portion of its assets to Google last year for a hefty US$1.1 billion, and with that and the company’s woeful sales numbers, a move of this sort was always expected. The company released its U12+ flagship a few months ago, and the device has failed to make any major impact on the market, as is about par for HTC devices of recent. It’s entirely likely that the U12+ is the last HTC flagship we get.

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Ricci Rox
Ricci Rox - Senior Tech Writer - 1856 articles published on Notebookcheck since 2017
I like tech, simple as. Half the time, you can catch me writing snarky sales copy. The rest of the time, I'm either keeping readers abreast with the latest happenings in the mobile tech world or watching football. I worked as both a journo and freelance content writer for a couple of years before joining the Notebookcheck team in 2017. Feel free to shoot me some questions on Twitter or Reddit if it so tickles thine fancy.
contact me via: @riccirox, LinkedIn
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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2018 07 > HTC makes first step towards closure with workforce downsize in Taiwan
Ricci Rox, 2018-07- 5 (Update: 2018-07- 5)