Apple plans to cut some corporate retail roles after being hit by wave of tech layoffs

According to sources, Apple intends to reduce positions within its corporate retail teams. According to unnamed sources cited by Bloomberg and Insider on Monday, the tech giant is eliminating positions within the division in charge of creating and maintaining Apple retail shops, and impacted staff have until the end of the week to seek new positions inside the business.

It had not up to now been affected by the tsunami of layoffs that have been sweeping through the IT sector since last year. Many large major companies, like Amazon, Meta, Microsoft, and Alphabet, have recently slashed tens of thousands of jobs. The number of workers who will be impacted by the layoffs is unknown, however, Bloomberg stated that it “is likely extremely minimal.” As of September, Apple employed 164,000 employees worldwide, per a regulatory filing.

According to both sources, the iPhone manufacturer is presenting the layoffs as a measure to enhance shop maintenance.

Bloomberg reports that Apple avoided significant layoffs

Tech job cuts in Apple are ongoing. In recent months, the tech industry has experienced extensive layoffs as a result of a widespread hiring surge. In March, Amazon announced that it will be making 9,000 job cuts as part of its most recent wave of large-scale layoffs.

Bloomberg reports that Apple avoided significant layoffs during the pandemic by not growing its employees as quickly as its rivals. Nonetheless, the business has also implemented other cost-cutting measures. According to reports, Apple curtailed hiring and investment for a few of its units last year.

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