A restructuring at Apple Computer that began last quarter will result in additional job cuts this year, the Mac maker said in a regulatory filing Thursday.
Apple said a reorganization of its sales and marketing efforts will result in 148 job cuts over the course of the current fiscal year, which ends in September. The cuts are in addition to 200 jobs that were eliminated when the company closed its Sacramento, Calif., plant in April. The Cupertino, Calif.-based company detailed the cuts late Thursday in its quarterly filing with the U.S. Securities and Exchange Commission. Apple took a $9.6 million restructuring charge last quarter, and the company said in the filing that it expects to take another $10 million charge in the current quarter, largely related to finalizing the plant closure.
News source: C|Net News.com
-1 Comments - Add comment