HTC confirms US layoffs and will combine its smartphone and VR divisions

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HTC has fired several employees from its offices in the United States, as reported by Digital Trends and independently confirmed by The Verge. The job cuts followed HTC's president of smartphones and connected devices, the resignation of Chialin Chang last week.
The Taiwan-based company has fired a significant but unspecified number of its US-based staff. UU., Keeping HTC Global employees alone in US offices. UU According to an anonymous source cited by Digital Trends, the number ranges from a few dozen to around 100 people.
In an email statement to The Verge, HTC says the company will undergo a reorganization, merging its smartphone and virtual reality businesses to reduce the cost of operation. "We have recently taken our smart phone and virtual reality businesses under common leadership in each region, and today we announce a restructuring in North America for the HTC smartphone business that will centralize the reporting structure within the region," said HTC. "In doing so, there have been some employee reductions to align businesses and empower teams to share more resources."
The layoffs happen at a difficult time for HTC. The company has been operating with a net loss of revenue during the first three quarters of last year, losing around 70 million to 100 million dollars each quarter.
Still, maybe there's still hope for HTC: Google's $ 1.1 billion deal to acquire a large portion of HTC's smartphone division closed last month. The company's U11 smartphone received positive reviews, and a rumored flagship phone HTC U12 is still to come this year.

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