Even As Revenues Climb, Another HTC Exec Steps Down

Discussion in 'Android News' started by dgstorm, Jun 4, 2013.

  1. dgstorm

    dgstorm Editor in Chief
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    The leadership shakeup at HTC isn't over apparently. Despite the excellent success of the new HTC One, which has pushed the company's revenues up sharply, their are still executives being shuffled around. The latest shift is their Chief Operating Officer, Matthew Costello, who is stepping down to become an executive advisor and moving to Europe. Although this news may seem grim, it actually looks like HTC is reorganizing and making the best of things. Here's a quote with some of the details,

    As you can see, maybe what is going on at HTC isn't necessarily a bad thing. Perhaps the execs who have jumped ship were extra fat at the top that needed to be trimmed and will bring about a leaner and meaner HTC. It would be interesting to be a fly on the wall at their HQ.

    Source: SlashGear
     
    #1 dgstorm, Jun 4, 2013
    Last edited: Jun 4, 2013
  2. johnomaz

    johnomaz Silver Member

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    Historically HTC has made good phones, but its not consistent. The future is bleek for HTC so why wait around for it to fail instead of exiting while you can.
     
  3. dgstorm

    dgstorm Editor in Chief
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    Perhaps. But sometimes the shakeups can signal a good thing for a company. Maybe the leadership that is leaving was part of the problem, not the solution. Of course, that is just speculation too. We don't know for sure without being there in person.

    In the long run, if things continue to get worse instead of better at HTC, they will likely not fail completely, but will simply get bought out by someone else.
     
  4. kodiak799

    kodiak799 Gold Member

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    You don't see that many people leave that quickly unless they've been quietly told to seek other employment - that's a management restructuring. Most of those people did not leave "voluntarily".

    In most cases, they would have non-competes so that HTC is waiving those is also telling.
     
  5. mountainbikermark

    mountainbikermark Super Moderator
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    I remember some dude names Jobs leaving a certain company and things turning out very well for the consumer.

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