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Apple axes 1,600 full-time retail positions

updated 09:50 am EDT, Fri April 24, 2009

Apple loses 1600 at retail

Apple's increased retail revenue in the second fiscal quarter came at the expensive of many people's jobs, SEC filings reveal. While the company managed to push retail revenue from $1.45 billion in Q208 to $1.47 billion in Q209, documents show that the company employed only 14,000 people in stores full-time. During the first fiscal quarter of the 2009, the company was using 15,600 full-time workers.

The fate of the missing 1,600 employees is uncertain, but may be connected reports from late 2008, which suggested that Apple -- knowing a recession was looming -- had the intention of reducing hours available to part-time workers. The SEC filing refers specifically to people working the equivalent of full-time, which could include nominally part-time employees who take extra hours.

Cuts may have been precipitated by figures such as a declining average revenue per store, which fell to $5.9 million in Q209 from $7.1 million in Q208. Apple also chose to open 45 new stores during 2008, imposing logistical and real estate burdens meant to be supported by healthier economies. The company is nevertheless planning to open a total of 25 new stores in FY09.




by MacNN Staff

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Comments

  1. Roehlstation

    Joined: Dec 1969

    +8

    Seasonal?

    Or perhaps those employees were only brought in for the holiday season...

  1. greenG4

    Joined: Dec 1969

    +1

    Re: Seasonal?

    That would make too much sense. Then there's nothing to "analyze".

  1. Eldernorm

    Joined: Dec 1969

    +1

    Steve... stop that

    Steve... Steve Ballmer, Are you writing these articles again? LOL

    Please, as a big time CEO, you should spend your time more efficiently, like making Windows better, or cheaper or something..... anything.... except increasing the Seattle chair mfg marketplace. :-)

    Just a thought,
    en

  1. testudo

    Joined: Dec 1969

    0

    fate?

    The fate of the missing 1,600 employees is uncertain,

    Well I think it's obvious. Their plane crashed on some deserted island (or is it????) in the middle of the pacific.

  1. testudo

    Joined: Dec 1969

    -6

    fate?

    The fate of the missing 1,600 employees is uncertain,

    Well I think it's obvious. Their plane crashed on some deserted island (or is it????) in the middle of the pacific.

  1. gramos

    Joined: Dec 1969

    +4

    Axes?

    ...and the "missing" jobs could not have been due to attrition? "Apple axes 1,600" jobs is an overstatement...

  1. gramos

    Joined: Dec 1969

    0

    Axes?

    ...and the "missing" jobs could not have been due to attrition? "Apple axes 1,600" jobs is an overstatement...

    Comment buried. Show
  1. testudo

    Joined: Dec 1969

    -12

    Re: seasonal

    It isn't seasonal. You don't hire full-time employees seasonally, because full-time employees get benefits and other fun stuff that part-timers don't get.

    Plus, the article states they were cutting down on part-timer's hours in November. If you were going to increase your workforce for the season, why would you cut your part-time hours?

    Oh, and did you realize that Apple's profits came at the "expensive" of people's jobs? So it didn't cost people jobs. Just the expensive jobs.

  1. sith33

    Joined: Dec 1969

    +5

    Uhh, no they didn't

    You're missing the word "equivalent" - IE, they may have reduced hours for part time workers, etc. So, reduce 4 part time people by 10hrs/week, it's the equivalent of cutting one FTE.

  1. ff11

    Joined: Dec 1969

    +3

    Re: seasonal

    Another gem from Testudo. Given that they allegedly let go of 1600 people during the year, and their profits were in the neighborhood of >$4-5 Billion, those 1600 employees would have to average over $2.5 million a year in salary and benefits for you to be able to claim "Apple's profits came at the "expensive" of people's jobs".

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