Apple Plans On Cutting 200 Jobs At Beats

Apple is reportedly going to cut as many as 200 jobs at Beats Electronics following its $3 billion deal to purchase the company.

The iPhone maker has extended temporary offers to about 200 Beats workers who aren't guaranteed a long-term role with Apple, a person with knowledge of the plans, who asked not to be identified because the discussions were private, told Businessweek. Those who may be out are in finance, human resources and other roles where there's overlap, the person said.

Beats has about 700 workers.

"We're excited to have the Beats team join Apple, and we have extended job offers to every Beats employee," Tom Neumayr, a spokesman for Apple, said in a statement. "Because of some overlap in our operations, some offers are for a limited period and we'll work hard during this time to find as many of these Beats employees as we can another permanent job within Apple."

Larger mergers often result in employee shakeups and layoffs.

Apple's acquisition of Beats is the company's largest in history but it had much to gain. It added to its popular product line a music streaming service and the luxury Beats headphones line.

The website 9to5Mac reported the jobs changes yesterday, according to Businessweek.