Apple has finally joined the rest of the tech industry’s layoff wave, axing a small number of corporate retail jobs.
Apple has, so far, been the only major tech company to avoid mass layoffs. The company did not hire as aggressively as many of its rivals during the pandemic and has not had to over-correct as much.
While the company is still not engaging in mass layoffs, Bloomberg is reporting that the company is laying off a small number of employees in its corporate retail teams. According to the outlet’s sources, Apple is describing this as standard streamlining efforts, not part of the wider tech layoffs.
Apple told impacted employees they could apply for similar jobs within the company. Those that do not get other jobs within Apple will receive up to four months severance pay.