According to a report from yesterday, it was said that Apple was looking to cut as many as 200 jobs from Beats once the deal closes, which is expected to take place on the 1st of August. This is hardly a surprising move since companies tend to cut jobs once they acquire another company, unless they are planning on allowing that company run as a separate entity.
Well Apple has since confirmed that they will be letting some employees from Beats go. According to Apple spokesman, Tom Neumayr, “We’re excited to have the Beats team join Apple, and we have extended job offers to every Beats employee. Because of some overlap in our operations, some offers are for a limited period and we’ll work hard during this time to find as many of these Beats employees as we can another permanent job within Apple.”
However he did not mention as to how many jobs were being cut, but like we mentioned earlier, the rumors are claiming it will be about 200 positions. This is a pretty significant cut because as it stands, Beats has about 700 employees, so by axing 200 of them, almost a third of Beats’ workforce will be gone.
Unsurprisingly most of Beats’ executives will remain. Last we heard, both Jimmy Iovine and Dr. Dre will be joining Apple, along with Beats Music heads Ian Rogers and Luke Wood. Nine Inch Nails frontman, Trent Reznor, is also expected to keep his job as the chief creative officer. It is still unclear as to what Apple has planned for Beats, but we guess we’ll just have to wait and see.
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