Smartphone-maker HTC is to cut 1,500 jobs in Taiwan, about a quarter of its global workforce.
HTC WILL SLICE 1,500 workers from its Taiwanese factories as it goes on the hunt to turn a profit, according to Engadget and Bloomberg Taipei's Samson Ellis. Many of them had already been working on its Pixel handset, manufactured by HTC, as well as acquiring intellectual property licensing.
"HTC continues to review its operations to ensure production resources align with key strategic initiatives, so that the company can more effectively compete in its target markets while maintaining its innovative edge", a company representative said.
"With its workforce being cut on such a big scale, I don't expect HTC to report any good sales news down the road", Chang said.
Missing boys soccer team found alive in Thailand cave
Osatanakorn told reporters Monday that progress had been made in opening and maintaining the narrow channels used by rescuers. There were jubilant scenes outside the cave as overjoyed relatives hugged and cheered upon hearing that the boys are alive.
12 boys and coach found alive in Thai cave
Many good signs", the football team's head coach Nopparat Khanthavong, 37, told Agence France-Presse ( AFP ) on Sunday, July 1. Relatives pray for missing young soccer team members and their coach in a cave during a rescue operation.
Chattanooga woman identified as victim in Bahamas boat explosion
Passengers on the nearby boat can be heard screaming while others are seen wading towards the flaming ship with flotation devices. One American tourist was killed in the explosion, while two others are said to be in critical condition at a Bahamian hospital.
French convict escapes from prison via a helicopter
Faid was serving a 25-year prison sentence for a 2010 failed robbery in which a 26-year-old municipal police officer was killed. He approached film director Michael Mann at a Paris film festival in 2009, telling Mann, "You were my technical adviser".