Layoffs abound at HTC America as 20 percent of employees are let go

Stefan Mileschin · 16th September 2013, 11:29

HTC America ended its Friday evening on the somber revelation that 20 percent of its workforce would be terminated. In all, roughly 30 employees and contractors were let go from the 150-member division, which stands as the latest sign of the company's financial struggles. A representative acknowledged the layoffs in a prepared statement, calling it "... a decisive action by HTC Corp (US) to streamline and optimize our organization and improve efficiencies after several years of aggressive growth." The news was first announced by The Verge, which obtained a letter from recently appointed division president Jason Mackenzie, who promised to "treat the impacted employees with the respect they deserved and provide them with resources to help bridge them to their next opportunity." We're still looking forward to bigger things ahead from HTC, but in the meantime, you'll find the company's full statement after the break.

http://www.engadget.com/2013/09/14/l...&ncid=rss_semi

16th September 2013, 11:29	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,514	Layoffs abound at HTC America as 20 percent of employees are let go HTC America ended its Friday evening on the somber revelation that 20 percent of its workforce would be terminated. In all, roughly 30 employees and contractors were let go from the 150-member division, which stands as the latest sign of the company's financial struggles. A representative acknowledged the layoffs in a prepared statement, calling it "... a decisive action by HTC Corp (US) to streamline and optimize our organization and improve efficiencies after several years of aggressive growth." The news was first announced by The Verge, which obtained a letter from recently appointed division president Jason Mackenzie, who promised to "treat the impacted employees with the respect they deserved and provide them with resources to help bridge them to their next opportunity." We're still looking forward to bigger things ahead from HTC, but in the meantime, you'll find the company's full statement after the break. http://www.engadget.com/2013/09/14/l...&ncid=rss_semi

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