04:48 AM EDT, 08/28/2024 (MT Newswires) -- Apple ( AAPL ) is cutting about 100 jobs from its digital services groups, Bloomberg News reported Wednesday, citing unnamed people with knowledge of the matter.

The biggest cuts will impact the company's Apple Books division, Bloomberg reported. Other teams affected include Apple News.

Affected employees have been told they have 60 days to find other positions within Apple ( AAPL ) before being terminated, sources told the news outlet.

Apple ( AAPL ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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