Topics
Latest
AI
Amazon
Image Credits:Justin Sullivan / Getty Images
Apps
Biotech & Health
mood
Image Credits:Justin Sullivan / Getty Images
Cloud Computing
Commerce
Crypto
Enterprise
EVs
Fintech
fund raise
convenience
Gaming
Government & Policy
Hardware
Layoffs
Media & Entertainment
Meta
Microsoft
privateness
Robotics
Security
societal
outer space
Startups
TikTok
Transportation
Venture
More from TechCrunch
Events
Startup Battlefield
StrictlyVC
Podcasts
telecasting
Partner Content
TechCrunch Brand Studio
Crunchboard
Contact Us
Apple is guide layoff affecting around 100 employees working for the society ’s digital service group , allot toBloomberg ’s Mark Gurman . The chief group affected by the cuts is the squad working for the Apple Books app and its related store .
Introduced in 2010 by then - chief executive officer Steve Jobsin junction with the iPad ’s first appearance , Apple Books has n’t been the “ Kindle - killer whale ” that Apple expected . These job cuts show Apple Books is n’t proceed to be an investment area for Apple go forward . The squad solve for Apple News is also dissemble by the layoffs , as well as other services teams .
During Apple ’s last quarterly earnings , servicesrepresented 28 % of its tax revenue . However , a significant portion of that revenue likely do from in - app purchases and App Store subscription . It ’s unclear whether Apple will be capable to maintain its hairgrip on mobile app statistical distribution in a changing regulatory landscape painting .
