Apple To Lay Off 200 Beats Employees After $3 Billion Acquisition Featured

Apple To Lay Off 200 Beats Employees After $3 Billion Acquisition

apple beatsApple will lay off approximately 200 Beats Electronics employees, eliminating 29% of the headphone manufacturer’s workforce. The downsizing comes in wake of Apple’s $3 billion acquisition of Beats Electronics and music streaming service Beats Music.

Tom Neumayr, a spokesperson for Apple, released a statement citing redundant positions as the primary reason for the staff reductions. The layoffs will be applied to departments such as human resources, finance and support services, according to a blog from the Wall Street Journal.

“We’re excited to have the Beats team join Apple, and we have extended job offers to every Beats employee,” Neumayr said. “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.”

While some of the dismissed employees will be offered new positions at Apple, others will be guaranteed positions until January 2015, according to

Because Beats doesn’t operate any retail locations, the layoffs are not expected to affect any Apple brick-and-mortar stores.

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