APPLE BRASS BEGINS PACKING\3,000 jobs jeopardized by shuffle after drop in income, analysts\say.Byline: Catalina Ortiz Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. Management departures are already under way at Apple Computer Inc. on the eve On the Eve (Накануне in Russian) is the third novel by famous Russian writer Ivan Turgenev, best known for his short stories and the novel Fathers and Sons. of a major restructuring expected to result in widespread layoffs. The company confirmed Thursday that four top executives, three in marketing, are leaving. A fifth reportedly will leave soon. The departures continue a management exodus from Apple, which has been plagued by price cuts and high costs. The company said Wednesday that it will reorganize and report an operating loss operating loss The excess of operating expenses over revenue. As with operating income, operating losses exclude revenues and expenses from operations that are not considered a regular part of the business. Also called deficit. Compare operating income. of $68 million for the important October-December quarter. Four key executives left last year, including top marketer Dan Eilers, who was left without a role when Apple decentralized de·cen·tral·ize v. de·cen·tral·ized, de·cen·tral·iz·ing, de·cen·tral·iz·es v.tr. 1. To distribute the administrative functions or powers of (a central authority) among several local authorities. its marketing and sales operations. The latest departures stem from that reorganization, said Apple spokeswoman Pam Miracle. Among those leaving are Don Strickland, Apple's vice president of business and government sales; Keith Fox, vice president of the home division; and Jim Groff, vice president of education marketing. Also leaving is Barbara Krause Barbara Krause is a female German swimmer, born in East Berlin, on July 7th 1959 . Being the favorite in 400 m. freestyle in Montreal Olympic Games (1976) because of her recent world record of 4'11"69 (improving the Shirley Babashoff's one) she couldn't go to Canada due to a , vice president of corporate communications, who will start her own public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most company. The four will leave over the next few months, Miracle said. She would not confirm published reports that a fifth executive - Peter Friedman, vice president and general manager of Apple's Internet sources - also was quitting. Industry analysts say the Cupertino, Calif., company probably will lay off at least 1,000 of its 14,600 employees as part of its restructuring. |
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