HTC cuts US workforce - Mobile World Live

HTC cuts US workforce

16 SEP 2013

Struggling smartphone maker HTC cut some 20 per cent of its US workforce, in order to “streamline and optimise our organisation and improve efficiencies after several years of aggressive growth”.

According to AllThingsD, the company has cut “about 30” positions from a total of 150. No executives have left as a result, and the type of work being undertaken by HTC in the country has not shifted, it said.

While the US has been an important market for HTC, the company is now struggling on a worldwide basis, hence its decision to trim its workforce.

HTC has already reshuffled its US management, with Jason Mackenzie, its former president of global sales, taking over leadership of the unit a couple of months ago.

This, in turn, followed the departure of a number of executives including Matthew Costello, its global operations head, and Kouji Kodera, its chief product officer.

The company is currently in the midst of a series of poor revenue performances, and is expected to report a loss for its current quarter, as it clears inventory from the channel in line with the launch of new smartphones.

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Steve Costello

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