Once Apple closes on its acquisition of Beats, it plans on laying off 200 workers at the company. According to a source familiar with Apple's intentions, the job cuts will take place in areas where there will be overlap between the two firms. That would appear to include human resources, and finance. The $3 billion purchase is the largest in the history of Apple.
As part of the transaction, Apple acquired Beats Music, a service that streams tunes, and also picked up Beats' line of high-end headphones. Neither Apple nor Beats would comment on the story. The layoffs would represent 40% of ...
via PhoneArena - News http://ift.tt/1n6P7Vb
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