HTC lays off 20% of American workforce
In spite of HTC’s best efforts to turn itself around, the bad news keeps on coming for the troubled Taiwanese cell phone manufacturer. And unfortunately, the latest round of bad news hits closer to home, as The Verge just learned that HTC decided to cut 20% of its American workforce – 30 workers out of 150 employees and contractors in its HTC America division.
The affected workers were notified at the end of the day last Friday. In a letter to the laid off employees, HTC executive Jason Mackenzie said that this was “the most difficult day of my HTC career” and that “the stark reality is that our business results are not where we want them to be.” He went on to state that HTC “would treat the impacted employees with the respect they deserved and provide them with resources to help bridge them to their next opportunity … [the layoffs are] part of a broader plan to simplify our organization, sharpen our teams focus, improve our speed in decision-making, and drive greater empowerment through our team, while reducing our overall cost structure.”
Layoffs are always difficult, especially when they affect workers at a great technological leader like HTC. If only certain CEOs could step aside or take a pay cut, so that other people in the company wouldn’t have to suffer…[The Verge]