Loading...
Loading...
Browse all stories on DeepNewz
VisitWill Apple's services revenue show a decline in Q4 2024 earnings report?
Yes • 50%
No • 50%
Apple's official Q4 2024 earnings report, financial news outlets
Apple Cuts 100 Jobs in Services Division, Impacting Books and News
Aug 28, 2024, 08:30 AM
Apple Inc. has taken the rare step of cutting approximately 100 jobs in its services division, part of Eddy Cue's growing division. This move is part of a shift in priorities for the company, which is focusing less on certain areas within its services group. The layoffs primarily affect teams responsible for the Apple Books app and Apple News, indicating a strategic realignment within the division. These job cuts are notable as layoffs are uncommon at Apple, highlighting a significant shift in the company's approach to its services business. Affected employees have been given 60 days to find new roles within Apple.
View original story
Less than 5% • 25%
5% to 10% • 25%
10% to 15% • 25%
More than 15% • 25%
iPhone 16 sales • 25%
AI-powered products • 25%
Services • 25%
Other • 25%
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Decrease by less than 10% • 25%
Increase by more than 10% • 25%
Decrease by more than 10% • 25%
Increase by less than 10% • 25%
Other • 25%
Adrian Perica • 25%
Eddy Cue • 25%
Peter Stern • 25%