Apple cuts about 100 digital services jobs, Bloomberg News reports

investing.com 28/08/2024 - 03:15 AM

Apple Inc. Job Cuts in Digital Services

(Reuters) – Apple Inc has eliminated about 100 jobs in its digital services group, with significant cuts affecting the team responsible for its Apple Books app and Apple Bookstore, as reported by Bloomberg News on Tuesday.

The layoffs include some engineering roles and other services teams, such as the one managing Apple News, according to sources familiar with the situation.

Apple declined to comment on the Bloomberg News report.

It remains unclear how many employees Apple has in its services division. According to its latest annual report, the company employed approximately 161,000 full-time equivalent employees as of September 30, 2023.

Apple has been reorganizing teams amid shifting priorities, especially towards artificial intelligence.

Previously, the company suspended work on its high-end Vision headset and closed a project aimed at designing and developing its own smartwatch displays earlier this year, as reported in media outlets.

Apple has also faced challenges in China, its third-largest market, where sales declined by 6.5% last quarter.




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