{"id":64454,"date":"2014-07-31T07:46:53","date_gmt":"2014-07-31T05:46:53","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=64454"},"modified":"2014-07-31T07:46:53","modified_gmt":"2014-07-31T05:46:53","slug":"apple-to-lay-off-200-beats-staff-report","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/64454\/apple-to-lay-off-200-beats-staff-report\/","title":{"rendered":"Apple to lay off 200 Beats staff: report"},"content":{"rendered":"

Apple Inc intends to lay off about 200 people at Beats Electronics LLC following its $3 billion acquisition of the headphone and music streaming services company, Bloomberg cited a person with knowledge of the restructuring as saying.<\/p>\n

The job cuts will mainly hit human resources, finance and other departments with significant overlap between the two, the news agency reported.<\/p>\n

Apple’s largest acquisition in decades, announced in May, lands the iPhone maker a fast-growing music subscription business, executives like Jimmy Iovine with strong ties to the recording industry, and a line of premium headphones.<\/p>\n

More on Apple<\/h3>\n

Apple wants to produce 80 million iPhone 6 smartphones: report<\/a><\/strong><\/p>\n

Investors give Apple the cold shoulder<\/a><\/strong><\/p>\n

Apple coughs up in e-book price fixing case<\/a><\/strong><\/p>\n

Apple-IBM partnership spells bad news for BlackBerry<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Apple Inc intends to lay off about 200 people at Beats Electronics LLC following its $3 billion acquisition of the headphone and music streaming services company, Bloomberg cited a person with knowledge of the restructuring as saying.<\/p>\n","protected":false},"author":7,"featured_media":30974,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[25,51,5300],"class_list":["post-64454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-active","tag-apple","tag-beats"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/64454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=64454"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/64454\/revisions"}],"predecessor-version":[{"id":64462,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/64454\/revisions\/64462"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/30974"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=64454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=64454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=64454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}