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HTC merges VR and smartphone departments in the US, lays off employees in the process

Published: Feb 23, 2018, 7:29 AM

HTC merges VR and smartphone departments in the US, fires employees in the process

Despite being far from bad, the HTC U11 couldn't help the Taiwanese company in avoiding financial deficit

HTC is definitely not in its best shape, but things seem to be getting even worse. Just a mere week after Chialin Chang resigned as president of HTC's smartphone business, the Taiwanese company has reportedly laid off a big part of its US team, leaving only employees responsible for the company's global affairs.

This is just another drop in the ocean of bad news regarding the company. HTC had a pretty rough 2017, which has been just a continuation of the decline from the past few years and even its last flagship – the HTC U11, despite being far from bad, did not help the company regain market share positions.

HTC explained the reason behind the employee layoff, saying the company has combined the VR and smartphone departments in every region. "In doing so, there have been some employee reductions to align the businesses and empower the teams to share more resources", as reported by an HTC spokesperson for Digital Trends.

All things considered, HTC could be on its way to exiting the smartphone business once and for all, as the company has already sold a big part of its mobile department to Gоogle. Still, we know the HTC U12 is in the works, which means we will see at least one more flagship by the Taiwanese company.

source: Digital Trends

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