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Category / Layoffs

HTC lays off nearly a quarter of its entire workforce

Smartphone maker HTC is laying off 22 percent of its entire workforce.  The company has seen a string of terrible quarterly results as the business has been battling poor sales and undergoing reorganization efforts in an attempt to return to profitability. SEE ALSO: Elon Musk announces companywide Tesla layoffs in leaked email According to Reuters,...CONTINUE READING
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Snap cuts 100 employees as it fights to survive

Snapchat’s staff is disappearing.  Snap Inc. is laying off about 100 employees, Bloomberg first reported on Thursday, in its latest step to restructure the company after aggressive hiring over the last few years.  This round of layoffs is focused on the advertising team and comes after Snap’s decision to layoff about 120 engineers earlier in...CONTINUE READING
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