~ Auto Buzz ~: HTC cuts 15% of its workforce as it battles poor sales

Thursday, 13 August 2015

HTC cuts 15% of its workforce as it battles poor sales



HTC2
HTC has revealed today that it will be cutting 15 per cent of its workforce following poor sales, just days after the company released its Q2 results showing a forecast for even worse figures in the quarter ahead. Cher Wang, HTC’s chief executive has said: Now, as we diversify beyond smartphones, we need a flexible and dynamic organization to ensure we can take advantage of all of the exciting opportunities in the connected lifestyle space. The company announced at Mobile World Congress this year that it is partnering with Valve to release the Vive VR headset for gaming. This could prove…

This story continues at The Next Web

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