Apple Drops Planned 5,000 AppleCare Layoffs Amid Ternus Restructuring

Apple has reportedly scrapped plans to cut around 5,000 AppleCare employees as new CEO John Ternus restructures the company. Smaller workforce and budget cuts are still expected, while Ternus weighs trimming middle management and shifting to more frequent product launches.

• Apple dropped plans to lay off about 5,000 AppleCare support staff
• Smaller workforce and budget cuts remain part of the restructuring
• Ternus is weighing fewer middle-management layers to speed decisions
• Apple may move to more frequent product launches year-round