The total number of Chinese visitors to the UAE stood at around 1.2 million in 2023
Apple Inc has eliminated about 100 jobs in its digital services group, with the biggest cuts affecting the team responsible for its Apple Books app and Apple Bookstore, Bloomberg News reported on Tuesday.
The layoffs include some engineering roles and other services teams like the one that runs Apple News, the report said, citing people familiar with the matter.
Apple declined to comment on the Bloomberg News report.
It was not immediately clear how many employees Apple had in its services division. The company had approximately 161,000 full-time equivalent employees as of September 30, 2023, according to its latest annual report.
Apple has been reorganising teams amid shifting priorities, including to artificial intelligence.
It has previously suspended work on its next high-end Vision headset and shuttered a project to design and develop its own smartwatch displays earlier this year, according to media reports.
Apple has been facing headwinds in China, its third-largest market, since last year, where sales declined 6.5 per cent last quarter.
ALSO READ:
The total number of Chinese visitors to the UAE stood at around 1.2 million in 2023
Companies had select sellers which hurt smaller players, reports find
The CBUAE explained that banks' capital and reserves do not include subordinated borrowings/deposits, but do include the current year's profits
Common queries highlight a broader need for clarity and understanding
Northern emirate has announced several investor-friendly measures
Asset managers, banks and family offices have increased their presence in the UAE in recent years, driven by a post-pandemic economic rebound
Ties between the world's two most populous nations have been strained
Payouts jumped to a record $606.1 billion in the second quarter