Apple Cuts 100 Staff in Services, Impacting Books and News.

Apple cuts about 100 employees in the Service division amid restructuring.

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Apple Books, Apple News and several other departments have felt the layoff impact.

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At present, Apple Books is considered less of a priority in terms of services strategy.

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This signifies a decrease in importance of the company’s focus areas, with Apple News also taking a hit.

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Services division remains crucial, accounting for 22% of Apple sales.

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Following earlier cutbacks on its self-driving car project, layoffs continue to take place.

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Apple's measured approach contrasts with larger layoffs by other tech firms.

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Slow growth rate and an emphasis on developing AI have led to industry-wide downsizing exercise.

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