Type
Other
Country
Czechia
Region
Jihovychod; Jihomoravsky;
Location of affected unit(s)
Brno
Sector
Information / Communication
Information Communication Services
Telecommunications
61.20 - Wireless telecommunications activities

0 jobs
Number of planned job losses
Job loss
Announcement Date
7 May 2015
Employment effect (start)
1 June 2015
Foreseen end date
31 December 2015

Description

Taiwanese mobile phone maker HTC is to create 300 new jobs with the opening of its service centre for Europe in June 2015 in the city of Brno. The city benefits from its strategic position based on direct access to the motorway network and skilled workers. In the first year, the total investment will reach CZK 1 billion. As reported, the site will employ about 1,000 people in the long run.

Update 24/8/2015: Newspaper reports indicate that HTC apparently has abandoned the plan to run its service centre for Europe in Brno, previously indicated in June 2015. The company has started to lay off newly recruited staff (about a dozen employees). In mid-August 2015, the company announced plans to reduce its global workforce by about 15 percent and operational expenses by more than a third. HTC has problems with sales levels and expects a net loss this quarter.


Sources

  • 7 May 2015: Finanční noviny
  • 24 August 2015: Hospodárske noviny
  • 25 August 2015: MF Dnes

Citation

Eurofound (2015), HTC, Other in Czechia, factsheet number 79946, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/79946.