HTC will lay off 600 employees working in Taiwan, with the layoff to take effective at the end of October 2015. The layoff is part of its plan to reduce up to 15% of its workforce globally in order to stem losses, according to the company.
About 400 out of the more than 9,000 employees currently at HTC's headquarters in Taoyuan will be laid off, confirmed the Taoyuan City Government, which has received the layoff plan from HTC. The 400 employees include production line works, R&D and backup personnel.
The New Taipei City Government also confirmed that it had received a notification from HTC about discharging 200 workers at its Xindian plant by the end of October. Those who will lose their jobs at the Xindian plant, which has a total of 2,912 employees, are mostly R&D personnel.
HTC announced in mid-August that it will reduce its operating costs by 35% and its global workforce by 15% by implementing a restructuring plan to sustain revenues and profit growth with a leaner and more flexible business model.
The layoff plan will affect about 2,250 jobs at HTC based on a total of over 15,000 employees the company has as of the end of July. |