Apple Lays off 50 Enterprise Sales Staff

iPhone Business Model

With record quarters and more money in the bank than... well, many banks, it's hard to see Apple getting hit by "hard economic times", but according to CNet, they either are, or are preparing to be:

Sources who wished to remain anonymous for fear of reprisal confirmed reports by Valleywag and that roughly 50 salespeople were let go by the company for "business and economic reasons," according to one source. An entire sales group based in Austin, Texas, was let go as well as workers in Cupertino, Calif., where Apple is headquartered. Those affected were given severance packages and the opportunity to apply for other jobs inside Apple.

Hopefully all the workers find those other jobs inside Apple quickly.

Have something to say about this story? Leave a comment! Need help with something else? Ask in our forums!

Rene Ritchie

EiC of iMore, EP of Mobile Nations, Apple analyst, co-host of Debug, Iterate, Vector, Review, and MacBreak Weekly podcasts. Cook, grappler, photon wrangler. Follow him on Twitter and Google+.

More Posts



← Previously

CEOh-Snap-Back! Palm Retracts McNamee's iPhone Attacks!

Next up →

TiPb Speculates: Could Apple be Developing a Netbook with Detachable Tablet Display?

Reader comments

Apple Lays off 50 Enterprise Sales Staff


Pretty simple:
Economic Reason: Less Companies, Schools and Libraries are buying computers.
Business Reason: An employee shouldn't cost a company more than he makes for the company.
Hopefully, everything turns around soon and healthy employment returns.