Ina Fried

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Top HTC Operations Exec Latest to Leave Taiwanese Phone Maker

The departures at Taiwanese phone maker HTC appear to be continuing.

Operating chief Matthew Costello has left the company, according to Bloomberg.

Costello’s departure was announced in an internal email, Bloomberg said.

His exit follows that of Chief Product Officer Kouji Kodera and several lower-level executives and managers in recent weeks.

In an interview at D11 last week, HTC President Jason Mackenzie characterized coverage of the departures as overblown.

An HTC representative was not immediately available for comment.

Here’s that video interview with Mackenzie, where he talks about staff departures, as well as the company’s broader turnaround efforts:

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work