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11min chapter
Apple Cuts Jobs in Online Services Group as Priorities Shift
Bloomberg Businessweek
Apple's Layoff Strategy and Leadership Changes
This chapter delves into Apple's recent layoffs, particularly within its services division, and the strategic shift towards areas like streaming and AI. It examines the implications of reduced investment in lower-revenue sectors such as Apple Books and Apple News, while addressing concerns about innovation due to a smaller R&D budget compared to competitors. The discussion also covers recent leadership transitions at Apple, focusing on succession planning and the company's aim to maintain stability amid ongoing changes.
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