Apple layoffs: iPhone maker eliminates 100 jobs in digital services group, says report

Apple, the largest listed entity of the United States, decided to cut around 100 jobs in its digital services group, a report said on Tuesday, August 27.

The layoffs impacted the teams handling applications like Apple Books and Apple Bookstore, added the report, which was published by news agency Bloomberg.

Apple was yet to react to the news. The development could not be independently confirmed.

According to the report, the latest round of layoffs led to the elimination of some engineering roles, and has also hit the team manages Apple News.

The digital services group of Apple, wherein the company has reportedly slashed jobs, employed 161,000 full-time staff as of September 30, 2023.

The report comes at a time when Apple has followed its sectoral peers in increasing its focus towards artificial intelligence.

The company is also facing a reduction in revenue from China, which is its third-largest market. The sales clocked in the Asian country declined 6.5% in the previous quarter.

Tech layoffs

Tech companies, including the Silicon Valley-based sectoral giants, have significantly laid off their employees in the post-COVID-19 period.

According to a tracker maintained by Layoffs.fyi, tech firms have axed over 124,000 jobs as of August 20, 2024. The overall tally of layoffs since 2022 has crossed 428,400.

The statement was issued by the company's top executives following the release of the results of the recently concluded second quarter. The tech giant logged a loss of approximately $1.6 billion during the quarter.

The exact count of employees laid off by Google, as part of the layoff exercise, was not revealed. Notably, the company had sacked around 12,000 employees in 2023, and had announced that the layoffs in 2024 would be carried out in a phased manner.