https://www.theregister.co.uk/2018/07/02/htc_job_losses/

Smartphone manufacturer HTC will slash almost a quarter of its employees in an effort to become profitable.

All the job cuts will be at its plant in Taiwan, where 1,500 people – roughly 22 of the total workforce – will be let go as the company deals with falling sales. It doesn't help that its latest phone, the U12+, doesn't have much to recommend it.