mobility

Apple Plans To Cut Some Corporate Retail Employees

Apple

Apple is planning to cut some corporate retail employees, according to a report from Bloomberg. The individual cuts would be in addition to the 25% reduction of staff at Apple's retail stores that was announced last month.

 

The cuts will come by way of attrition and not layoffs, which means most of the reductions will be made in store operations at Apple's retail stores rather than at company headquarters. It's unclear how many workers are affected by these changes or whether they'll be permanent or temporary.

 

Apple plans to cut some corporate retail employees as it looks to reduce costs at its retail stores, according to a report from the Wall Street Journal. The news comes just a few months after Apple announced a restructuring plan that would eliminate up to 37 percent of its global workforce.

 

The company is expected to cut between 1,000 and 2,000 employees from the stores' sales and marketing departments. Those cuts would come on top of the 557 people who were laid off in March, according to the Journal's sources. Apple is cutting some corporate retail employees, the iPhone maker confirmed on Monday.

 

The cuts are part of a broader reorganisation that includes layoffs in other departments and an acceleration of the company's efforts to make its own products for the first time.

 

Apple has about 12,000 employees at its retail stores around the world, according to Fortune. The company said it plans to cut those jobs by between 1% and 2%.

 

"As we continue to evolve our global operations, we are making some adjustments to our retail team this year," Apple spokeswoman Amy Bessette told Fortune in an email. It will cut about 1,100 employees at retail locations, most of them in China.

 

Apple officials declined to say how many of those jobs would be eliminated from the company's retail stores or from Apple's operations in other countries such as Australia, Canada and New Zealand.

 

The Cupertino, Calif., company also said that it will eliminate about 600 corporate jobs over the next three years including some that are devoted to distribution and logistics. That includes about 400 positions in China, where Apple has about 200 corporate offices.

 

The company did not provide details on how many employees would be affected by the cuts at its headquarters or around the world. But it did say that it plans to reduce its workforce by 20 percent over the next three years. Apple is one of the largest company in today’s date. It is also known as Apple Inc. It is a technology company which manufactures and sells consumer electronics, personal computers, online services and mobile devices. Apple creates products such as iPhone, iPad, iPod and Macbook. They also provide software such as iLife suite, iTunes and GarageBand.

 

Apple was founded by Steve Jobs and Steve Wozniak in Cupertino California in 1976. It started with the manufacturing of personal computers and later expanded into other sectors like music player and communications devices. The company has more than 500 stores all over the world where people can enjoy their products through various mediums like online shopping facilities or through visits to their office premises.

 

 Apple has become known for its products such as iPhone, iPad, Macbook Pro, iPod and more. Apple started with just a few people working at a small office but now they have around 200000 employees worldwide. In 1980 they released their first product which was known as Apple 1 which had 128KB of RAM and no floppy disk drive or sound card. The price of this computer was $666 which means you should have saved up some money before you bought it if you were interested in buying one.

YOU MAY ALSO LIKE

European

Global Operation Takes Down Dark Web Drug Marketplace

In a major victory for law enforcement agencies around the world, a recent operation took down one of the largest dark web drug marketplaces, disrupting a major source of illegal drug distribution. Th...

Read More..
First Republic Bak

First Republic In Limbo As US Regulators Juggle Bank’s Fate

The First Republic Bank, one of the largest private banks in the United States, is currently in a state of limbo as federal regulators juggle its fate. The bank is facing scrutiny from both the Federa...

Read More..
TORONTO STOCKS

TORONTO STOCKS JOIN GLOBAL SELLOFF AS CREDIT SUISSE SPARKS CONCERNS

Toronto stock futures are lower, and the TSX lost 0.5% to close at 12,694. The index has now been in a bear market for 11 weeks. Crude oil, gold and copper have all fallen sharply as investors have du...

Read More..
Ford

FORD TO RAISE PRODUCTION AS US AUTO SALES START TO RECOVER

Ford is planning to boost its North American production by 2 percent in the first half of 2020, according to Reuters, as the company looks to make up for lost sales from General Motors Co. and Fiat Ch...

Read More..

Our Clients