BUSINESS

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BUSINESS

Apple fires employees from retail team

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Apple cuts jobs

Apple is laying off a few employees from one of its retail teams, marking the first time the tech giant has resorted to layoffs after the pandemic.

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Tech job losses soar

In 2023, layoffs impacted 166K tech employees, with Amazon, Alphabet, Meta, and Microsoft among the companies that cut staff.

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Affected division

The division affected by Apple's decision to cut jobs is the one responsible for building and maintaining retail stores.

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Employees

It is unclear how many employees are affected. The company has asked them to apply for other positions and will provide up to four months of severance.

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Firing for efficiency

Internally, Apple is selling its decision to fire a few employees as a measure to improve operations rather than as a way to cut costs.