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HTC to cut 15% of workforce, targets 35% lower costs

2015-08-13 13:31:00| Telecompaper Headlines

(Telecompaper) HTC announced plans for a major restructuring, including cutting 15 percent of its global workforce. Falling the recent sharp slide in its sales, the company said it aims to reduce operating costs by 35 percent. The restructuring includes the establishment of new business units in order to focus more on profitable growth in the key areas of premium smartphones, virtual reality, and connected lifestyle products. "We need a flexible and dynamic organization to ensure we can take advantage of all of the exciting opportunities in the connected lifestyle space," said CEO Cher Wang. "This strategic realignment of our business will ensure that each product group has the right focus, the right resources and the right expertise to win new markets."

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Kraft Heinz Co to cut 2,500 jobs

2015-08-13 13:05:01| Daily beverage news and comment - from just-drinks.com

Kraft Heinz Co is to cut around 2,500 posts across the US and Canada, the first confirmation of job losses made at the newly-formed food & beverage giant.

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Cut the Conflict on in Your Pig Operation

2015-08-13 02:00:00| ThePigSite - Industry News

US - The people working on your operation are essential to your success. So when conflict interferes with their performance, are you prepared to lead them through it? writes Kerry Jones, consultant and coach for PeopleFirst™ from Zoetis.

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AT&T to use new scale to cut content costs

2015-08-13 02:00:00| Total Telecom industry news

U.S. telco raises guidance in wake of DirecTV, Mexico acquisitions; eyes cross-selling opportunities in U.S. and possibility of expansion in Latin America.

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HTC to cut 2,300 jobs in a bid to lower costs

2015-08-13 02:00:00| Total Telecom industry news

Troubled Taiwanese smartphone maker to increase focus on premium smartphones, virtual reality, emerging form factors.

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