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View Full Version : Taiwan's HTC trims U.S. workforce, shares tumble



Wireless News
09-15-2013, 10:10 PM
http://l1.yimg.com/bt/api/res/1.2/3FVotesoG_n3FSYob_TApQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-09-16T021011Z_1_CBRE98F061900_RTROPTP_2_CBUSINESS-US-HTC-JOBS.JPG (http://news.yahoo.com/taiwans-htc-trims-u-workforce-shares-tumble-021011030--finance.html)TAIPEI (Reuters) - HTC Corp laid off around 20 percent of its U.S.-based staff in what it called a move to streamline its operations after a period of growth, sending its shares tumbling on Monday. The struggling Taiwanese smartphone maker said it laid off 30 employees on Friday to "optimize our organization and improve efficiencies after several years of aggressive growth". The company's shares dropped 4 percent by 0122 GMT on Monday, underperforming a 0.9 percent rise in the broader market. ...



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