Do Apple layoffs hint at CEO Tim Cook’s retirement? Here’s what we know so far

Apple isn’t exactly the kind of brand traditionally known for conducting large-scale layoffs, like most of its global peers. Hence, it comes as a surprise when one of the world’s most popular tech brands has implemented a rare round of job cuts, that too within its sales division, especially at a time when the festive season is in its full swing. The layoff is affecting dozens of account managers and briefing center staff in the United States and other regions. While Apple frames the move as a strategic effort to streamline operations and eliminate overlapping roles, the layoffs come at a time when the $4 trillion company is involved in speculations regarding the future of its CEO, Tim Cook.