RESOLVING THE LEDGER
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Apple is laying off 147 employees – most of them software engineers – from its offices in Sunnyvale and Cupertino.
The news came down on the same day Apple announced its next product launch event on Sept. 9 at its Cupertino headquarters. The company is expected to unveil new iPhones and Apple Watches.
Apple CEO Tim Cook plans to step down Sept 1. Longtime Apple executive John Ternus will take over.
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