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Apple Lays Off Around 100 People From Its Services Division, Despite This Segment Estimated To Bring In $100 Billion Revenue By 2025

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Apple lays off 100 people from its Services segment

A revenue of $90.75 billion for the fiscal Q2 2024 period and a profit of $23.6 billion was insufficient to keep Apple from introducing another round of layoffs, as according to the latest report, the company has trimmed its employee headcount by 100 from its Services arm. This is the fourth time that Apple has had to reduce its workforce, but what surprised us was that it was from a segment that has consistently shown incredible growth in the past several quarters. The layoffs are part of a bigger strategy, with Apple Books said to be less of a priority […]

Read full article at https://wccftech.com/apple-lays-off-100-people-from-services-division/

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