Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Apple begins layoffs in some retail channels - AppleInsider

Published 01/20/2023, 01:45 PM
Updated 01/20/2023, 01:47 PM
© Reuters.  Apple (AAPL) begins layoffs in some retail channels - AppleInsider

By Sam Boughedda

Apple (NASDAQ:AAPL) has started laying off non-seasonal employees in its retail channel outside of Apple Stores, AppleInsider said Friday.

The publication said it received the information via email and has since verified it via other sources.

It is said that Apple retail channel employees who work at places such as Best Buy stores have received a 30-day notice concerning their rights regarding a layoff.

Seasonal employees, which help with rising demand through certain periods, have already seen their contracts expire, and AppleInsider reports that the layoffs have not come from that pool. However, it's not clear what percentage of its workforce is affected, although it is notable enough that multiple sources have confirmed the news, they added.

In addition, they state that the second part of the email reveals Retail Contact Center employees will be notified later on Friday and on the weekend, although AppleInsider could not verify that information.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.