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Businesses Books Apple

Apple Announces Rare Wave of Job Cuts (theverge.com) 26

Apple has laid off about 100 employees in its services group (source may be paywalled; alternative source), primarily affecting roles associated with the Apple Books app and Apple Bookstore. The San Francisco Chronicle reports: The impacted employees at the Cupertino-based tech giant were informed of the cuts on Tuesday, Bloomberg reported (paywalled). The layoffs spanned various teams under Senior Vice President Eddy Cue. The job cuts include roles primarily associated with the Apple Books app and Apple Bookstore, with the company shifting its focus to other divisions. Additionally, other services teams, such as the one managing Apple News, also experienced layoffs.

While Apple has largely avoided mass layoffs even as other major tech companies have downsized, it did lay off 614 employees in Santa Clara earlier this year. Those cuts marked Apple's first significant job reductions since the onset of the COVID-19 pandemic and coincided with the cancellation of its decade-long electric car project.

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Apple Announces Rare Wave of Job Cuts

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  • A hundred layoffs at a company employing 161,000 people doesn't seem like very much.

    https://www.statista.com/statistics/273439/number-of-employees-of-apple-since-2005/

    • A hundred layoffs at a company employing 161,000 people doesn't seem like very much.

      https://www.statista.com/statistics/273439/number-of-employees-of-apple-since-2005/

      Exactly, and depending on their skill set they could easily be absorbed I open slots within Apple.

      • I was wondering about that too. "Layoffs" implies they're not just transferring everybody elsewhere within the company, but I suppose we'll never know how many do end up finding another job instead of separating.
    • A hundred layoffs at a company employing 161,000 people doesn't seem like very much.

      Yeah.. the real-world impact of it ain't why this site's covering it. ;)

    • by Tablizer ( 95088 )

      And can't they just reassign them in such a big org? That way you don't make headlines, and it improves morale. Seems a pedantic move. Natural attrition would reduce total headcount by same amount in a few weeks anyhow.

      • by tlhIngan ( 30335 )

        And can't they just reassign them in such a big org? That way you don't make headlines, and it improves morale. Seems a pedantic move. Natural attrition would reduce total headcount by same amount in a few weeks anyhow

        Maybe those are the people who didn't take the re-assignment offer. It's likely a lot of people were simply moved around - others might have decided that it would be a right time to move and do something else, so instead of being reassigned they take the offer and leave.

        Lots of reasons why peo

      • What exactly do you mean by "reassign"? It's not like Apple can just put them (against their will) in a completely different job than the one they got hired for. They can apply for a different job within Apple, if they want.
    • 100 is relatively very little at Apple. Less than attrition. There were likely other write offs involved so gets a notice. Expect the ones with transferable abilities did. Some might have opted for voluntary severance and others bummed out needing a new income. Apple still a good brand on the resume.
  • Wait, Apple Bookstore is still a thing?

    After United States v. Apple [wikipedia.org] all the way back in 2012, I thought it had died. Did Apple just never mention it again, or something?

    Or did we wind up in a different timeline somehow?

  • "Dear future former Apple employees, We're holding onto your jobs wrong ..."

    :-)

  • I mean, aren't all job cuts caused by AI adoption?

  • If Apple has been transferring people to this unit for the last 6-12 months? Seems strange a company of Apple's size and reputation would can 100 otherwise employable folks, and it's easier to lay off an entire group for Reasons than it is to let someone go for Reasons.
    • by guruevi ( 827432 )

      Or perhaps it is easier to lay folks that aren't performing well off. Every year, assemble problematic employees into a new unit, close it down, a lot easier than dealing with the lawsuits that your manager was mean to you.

  • Other tech companies have to fire a hundred times as much employees for their stock price to go up 1.29%! OTOH they do that more often.
  • Yes, the R word that the media keeps avoiding because of the coming election.

    Let's just call a spade a spade. In a recession, companies layoff their staff even though they just made huge profits because they expect lean times ahead.

    You can argue the why and how of the recession, but acceptance is the first step to properly deal with it.

    • by tlhIngan ( 30335 ) <slashdotNO@SPAMworf.net> on Thursday August 29, 2024 @10:55PM (#64747870)

      Yes, the R word that the media keeps avoiding because of the coming election.

      Let's just call a spade a spade. In a recession, companies layoff their staff even though they just made huge profits because they expect lean times ahead.

      You can argue the why and how of the recession, but acceptance is the first step to properly deal with it.

      Because there IS no recession. Companies are desperately wanting one but it's not happening. All the indicators of a recession are absent - the economy is still overheated. Inflation's only starting to come down and even it's being problematic to do anything about.

      Everyone's been talking about recession for 18 months now, and it's yet to rear its ugly head. Of course, the layoffs are likely what's cooling the economy but it's not from a recession.

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