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Layoff Hits HTC And To Cut 1500 Jobs


Taiwan manufacturer HTC announce that it will cut 1,500 jobs around 20 percent of its total workforce. This is part of the company's global manufacturing optimization strategy.

HTC claims that with less 1500 of manpower that it will be more effective as its starts sending dismissal notices. 

Previous reports said that HTC is now a fading brand (in India). The company also has issues regarding its foreign laborers as HTC is faking documents and tampering worker's contracts to escape paying workers salaries and benefits.


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