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 Forum index » News... » Apple Computers
Apple To Cut 148 More Jobs; 7 New Lawsuits To Fight
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PostPosted: Fri May 07, 2004 3:50 am    Post subject: Apple To Cut 148 More Jobs; 7 New Lawsuits To Fight Reply with quote  Mark this post and the followings unread

will lay off an additional 148 employees before the end of its fiscal year in September, the company disclosed in its second-quarter report filed with the U.S. Securities and Exchange Commission late Thursday. The company also reported seven new lawsuits filed against it, including two additional claims related to alleged faulty iPod batteries.


Apple said the layoffs will take place in Apple's American and European sales and marketing operations only and will cost Apple US$7.7 million.


The layoffs will bring the total number of employees sacked at Apple for the fiscal year 2004 to 348, including 200 people let go last month at a Sacramento, Calif. manufacturing facility. That lay off cost the company $1.9 million in severance costs, the 10-Q filing stated.

http://www.macobserver.com/article/2004/05/06.14.shtml

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