Apple | Layoff Event

Layoff Details

Reason

Apple initiated a rare round of job cuts within its global sales organization to streamline operations, eliminate overlapping roles, and improve customer engagement. This strategic move aims to shift sales more towards third-party resellers, thereby lowering internal costs such as salaries. The restructuring also reflects a broader industry trend of cost control and adapting to uncertain economic conditions, despite Apple's strong revenue performance and increased investments in AI infrastructure. The company stated these changes affect a small number of roles and allow impacted employees to apply for other internal positions or receive a severance package.

Affected Departments

Sales (Account Management for EnterpriseEducationGovernment)Sales (Briefing Centers)

Stock Performance Around Layoff

Sources (6)

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