In late May, Apple officially announced that buys based company in 2006, Beats Electronics, which specializes in manufacturing audio equipment and audio products. And we now know that a California corporation dismiss 200 employees Beats, after the last transaction will be closed. On Thursday edition reported New York Post.
Apple has not commented officially Employee Beats. To assess the extent of reduction, it is enough to say that two hundred sentenced to dismissal of workers - is about 40% of the staff Beats. Reduction affected departments of personnel management, finance, as well as some other areas, where the functional is fully covered by internal resources Apple. Beats engineers and management of the firm, including creative director Trent Reznor, cleaning personnel do not threaten.
Staff reductions - it is common practice after the implementation of M & A-transactions and Apple CEO Tim Cook shows that the iPhone maker is no exception here. Today in Cupertino officially work 41 300 people.
Several days ago, the European Commission approved the purchase Beats American giant computer electronics. This transaction is safe and does not carry the potential threat due to the fact that the combined share of these companies in the market of headphones and audio equipment will be small and the conclusion of this transaction will not affect their main competitors in this segment represented Bose, Sennheiser and Sony. In addition, the headphones from Beats by Apple and are markedly different from each other in terms of functionality and design.
The transaction value between Apple and Beats is $ 3 billion, of which $ 400 million will be paid in securities. The transaction will be completed in IV fiscal quarter, which ends in September.