Apple to Cut 200 Jobs at Beats Electronics -- Reports

By Dow Jones Business News, 
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Apple will cut about 200 jobs at Beats Electronics LLC after closing its acquisition of the music-streaming service and headphone maker, media reports said.

The cuts amount to about 40% of Beats' global workforce, the New York Post reported late Wednesday, citing unnamed sources.

Bloomberg News reported, citing an unnamed source, that the jobs to be cut are in human resources, finance and other roles where there is overlap between Apple and Beats.

European Union antitrust regulators Monday approved Apple's$3 billion acquisition of Beats.

Story at http://nypost.com/2014/07/30/apple-pares-200-jobs-from-beats

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