Mark Gurman reports for Bloomberg that Apple has cut around 100 jobs in the Services division. While relativity small compared to other technology firms over the last few years, the layoffs are notable for Apple. That’s because CEO Tim Cook has repeated that layoffs are a last resort for the company.
Apple News & Books
Gurman reports that many of the job cuts affect the Apple Books and Apple News divisions, including engineer roles.
Apple News, which has a paid subscription option for unlocking magazines and puzzles, will remain a focus for Services revenue.
Apple Books, on the other hand, will be less of a focus for the company going forward, Gurman reports.
That could be because Apple Books is not seen as a vehicle for revenue growth based on its performance over the last decade.
Why target Apple Books?
Why? For starters, Apple has so far shown no interest in a subscription model for the Apple Bookstore.
Amazon, on the other hand,…
Source 9to5mac.com