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AAPL Stock: 493.42 ( + 0.25 )

Apple cuts Taiwan workforce by 30%

updated 09:15 am EDT, Tue August 15, 2006

Apple cuts Taiwan workers


Apple has cut its workforce at its local Taiwan sales office by 30-40 percent, including many executives and managers. The Digitimes reports that the workforce reduction was due to weaker sales and market share achieved by Apple Taiwan, compared to the performance of Apple's Hong Kong branch. The cuts follow the June resignation of Kong Yuk-loong, the former managing director of Apple Taiwan, according to the report. "Since Kong's departure, a number of managers and executives at the branch have resigned as well, including the former head of Apple Taiwan's marketing division, Hsu Guang-qi (transliterated from Chinese), who now works at Dopod International," according the report. Meanwhile, Samsung is preparing to increase its workforce in the fourth quarter, as many expect the MP3 market to grow signficantly, according to Samsung.


by MacNN Staff

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