INTERNATIONAL BUSINESS TIMES NEWSLETTER SIGNUP My account Log Out Aug 28, 2:34 AM EDT World U.S. Economy & Markets Companies Technology Digital Life Culture Sports Crypto Opinion NEWSLETTER My account Log Out US Edition World U.
S. Economy & Markets Companies Technology Digital Life Culture Sports Crypto Opinion Listings & More Spotlight Glossary SMB Forum Glossary K-Wave CEO Spotlight Editions Australia Edition India Edition International Edition Singapore Edition United Kingdom United States NEWSLETTER Follow Us Editions Australia Edition India Edition International Edition Singapore Edition United Kingdom United States Business Apple Cuts Workforce In Services Division As Part Of Strategic Realignment By Kiran Tom Sajan Published 08/28/24 AT 2:34 AM EDT Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Share on Flipboard Share on Pocket Apple chief executive Tim Cook had said last year that layoffs would only be considered as a 'last resort' AFP Apple Inc., in a rare move, has reduced its workforce by approximately 100 employees within its services division as part of a strategic realignment within the segment, according to reports.
The affected employees were spread across various teams under Senior Vice President Eddy Cue's leadership, Bloomberg reported, citing people with knowledge of the matter. The staff were notified of the decision Tuesday. It comes amid Apple's decision to replace its Chief Financial Officer , Luca Maestri, with Kevan Parekh on N.