Apple cutting more than a quarter of Beats team
As part of its pending acquisition of Beats Electronics, Apple has begun transitioning Beats employees to the Apple brand, however roughly 200 of Beats' 700 positions will only be temporary at Apple and will be phased out over the next few months.
According to 9to5mac, most of the job cuts will be in human resources, finance, and other areas where there is overlap between Apple and Beats staff. Some Beats employees will reportedly transfer to Apple's headquarters in Cupertino, while others will remain at Beats' current facility in the Los Angeles area.
Apple spokesman Tom Neumayr’s explained the situation: “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.”
Apple's $3 billion deal to acquire Beats and its headphone and streaming music businesses has been approved by European regulators, but will not be finalized until U.S. regulators sign off on the deal.