Friday, September 13, 2013

Bad news hits HTC as company lays off 20% of its US workforce

Bad news hits HTC as company lays off 20% of its US workforce

It's Friday the 13th and it seems only fitting we'd hear some bad news traveling through the wire. We were hoping it wouldn't come to this, but struggling smartphone maker HTC announced today that they've begun laying off some of their US-based workforce. Nothing of Motorola-level proportions mind you, but out of 150 employees and contractors, about 30 of them were let go — that's about 20% of ex-HTC workers suddenly out of a job. It's not all bad news, HTC says the move was just as much a cost cutting measure, as it was a “decisive action” to help them streamline their operations.

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