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What will be the next major strategic shift in Apple's services division by end of 2024?
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Resolution / Starting Odds
Expansion into new service categories • 25%
Major restructuring within existing services • 25%
Increased focus on existing services • 25%
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Official announcement from Apple Inc.
Story
Apple Cuts 100 Jobs in Services Division, Impacting Books and News Teams
Aug 28, 2024, 03:11 AM
Apple Inc. has taken the rare step of cutting approximately 100 jobs in its services division, according to multiple reports. The layoffs primarily impact teams responsible for Apple Books and Apple News, among others. This move is part of a strategic shift in priorities within the company. The services division, overseen by Eddy Cue, has been a fast-growing segment of Apple's business, making these job cuts notable. The shift in priorities reflects a broader realignment within Apple's strategic goals.
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