Tech in general has been overhiring the past decade, in particular big tech. It's a market adjustment that had to happen sooner or later.After a decade of explosive growth in tech, a slowdown feels weird.
Tech in general has been overhiring the past decade, in particular big tech. It's a market adjustment that had to happen sooner or later.After a decade of explosive growth in tech, a slowdown feels weird.
We'll see, but Apple never sticks to anything that does not make a lot of money.That would be entirely inconsistent with every thing they have ever done. So why would they? You might be thinking of Google values (if that were ever a thing), not Apples.
Apple has 161,000 U.S. employees and a 2 million+ worldwide job imprint. They tell 100 employees to find other jobs in the company and the peanut gallery erupts with claims of failure and anticapitalist rhetoric.
I love my Apple news and spend hours on it every day it’s the best new site available everything is curated on one app please don’t mess with my Apple news app
As part of a "shift in priorities," Apple has made cuts to its workforce across senior VP Eddy Cue's Services division, Bloomberg reports. Employees impacted by the cuts were reportedly given a 60-day window to secure another position within Apple before their termination becomes effective.
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The scope of the layoffs extended beyond a single team, with some employees working across multiple departments feeling the ripple effects of Apple's apparent cost-optimization effort. The layoffs primarily affected the Apple Books app and Apple Bookstore teams, but also impacted the Apple News team, marking the fourth round of staff reductions for the company in 2024.
According to the report, the layoffs signal that Apple Books has become less of a priority for the company, which doesn't see it as a major part of its services lineup. However, the Books app is still expected to get new features over time. As for Apple News, the layoffs were said to be an indication that it is less of a focus for Apple.
The Services division has been a key growth driver for the company in recent years. Services now account for over 22% of Apple's sales, a significant increase from less than 10% a decade ago.
The importance of the Services segment has been particularly evident during periods of slower device sales, helping to bolster Apple's financial performance. However, this latest move suggests that even high-performing divisions are not immune to restructuring efforts.
These layoffs follow earlier staff reductions at Apple this year, including the closure of its ambitious self-driving car project and the shutdown of a microLED display initiative. The company also dismantled a team based in San Diego.
Apple's approach to layoffs has been more measured compared to some of its Silicon Valley counterparts. Cisco Systems has announced plans to reduce its headcount by approximately 7%, while Intel is set to eliminate over 15% of its workforce. These more extensive cuts at other tech firms are largely attributed to slowing growth and a shift in focus towards AI.
Article Link: Apple Lays Off Around 100 Services Staff Across Apple Books and News
There are alternative operating systems you can use. Maybe consider getting a Pixel 9.Look at amazon, it took decades to become profitable. But now amazon is ubiquitous. Timmy does not understand anything that does not generate $$$ today.
It would be nice if Apple would take an Apple app, or two, and make it best in class. But that would require time and $$$, something Timmy's lifestyle won't accept.
Nope, I fear we are stuck with Apple's, lets make barely working, low usability, buggy apps that have nice splash screens for the keynote innovative strategy.
I disagree that there is a better news curator than Apple news plus you get all the magazine subscriptions and you can pick any subject to get news curated. Cannot be beaten at any price and I don’t believe less than $15 is very expensiveThere are better booksellers. There are better (and cheaper) news aggregators.
Apple should do what they do best, laser-focus on their core competencies and leverage them for maximum profit. News and Books are not in that core. Music has always been. Health, since the introduction of the Apple watch is now a core competency, and serves to drive sales of the watch.
"Timmy does not understand anything that does not generate $$$ today."Look at amazon, it took decades to become profitable. But now amazon is ubiquitous. Timmy does not understand anything that does not generate $$$ today.
It would be nice if Apple would take an Apple app, or two, and make it best in class. But that would require time and $$$, something Timmy's lifestyle won't accept.
Nope, I fear we are stuck with Apple's, lets make barely working, low usability, buggy apps that have nice splash screens for the keynote innovative strategy.
Apple services have been lacking because Apple is too obsessed with the iPhone honestly now as a companyApple hasn't been doing much with Books and I was hoping that it would do more, such as adding a subscription service like Kindle Unlimited. As for Apple News, it has been a good service for me.
"Timmy does not understand anything that does not generate $$$ today."
Oh, another angry "Apple has too much money and has become too GREEDY since Tim Cook took over!!!!!!"
Okay, sure.
Not all industries track economic conditions in the same fashion.It may be happening in tech, but it's the opposite in other industries. I'm in healthcare and we have been increasing our hiring, not laying people off.
they actually had personnel in these depts?
Apple abandoned this area when it be4came clear that it wasn’t an easy cash grab.
Obviously you're in the minority, or they'd be hiring, not firing staff.I disagree that there is a better news curator than Apple news plus you get all the magazine subscriptions and you can pick any subject to get news curated. Cannot be beaten at any price and I don’t believe less than $15 is very expensive
apple has enough resources to keep these people jobs active useless company
Kindle Paperwhite is a nearly perfect reader. I wish Apple would -- for the sake of reading -- create something that competes with it and the Kindle format with an eInk product. Occasionally an ebook I have checked out from the Library (a great ebook resource) will be another format that I have to read on my iPad using Libbyapp or something like it. For reading the eInk display with the adjustable lcd lights is so, so superior to an iPad display. Plus battery life -- again Kindle slays an iPad. Guess this indicates Apple will never consider something like an eInk reader.