Taiwanese electronics maker HTC has announced that it will layoff over 1,500 employees, which is nearly 22 percent of the total strength of its domestic manufacturing division, to cut the losses it has been experiencing for quite some time now. This is nearly a quarter of the total 6,450 staff it employed globally as of June. “Today HTC announces plan toust optimize the manufacturing organizations in Taiwan ... This plan will allow more effective and flexible resource management going forward,” HTC said in a statement.
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