Apple has finally revealed the full extent of its job cuts and restructuring.
The company will lay off 30% of its workforce, take a $155 million (#96.9 million) restructuring charge and stop development of "non core" Mac programming tools, OpenDoc (see above) and several other, as yet unnamed technologies.
The 4,100 layoffs comprise 80% from manufacturing, marketing and research, with the rest from sales and non-engineering positions.
Apple's European division will lose less than 30% of its 1,000 sales, marketing and finance employees. Apple UK would not comment on UK job cuts.
Apple will drop further development of OpenDoc, Cyberdog, Open Transport, as well as certain Mac development tools and videoconferencing technologies.
The company stressed it will continue to have a presence in these areas through its MacOS, but that they will receive "reduced investments".
Apple also announced yet another change to the delivery schedule for MacOS releases beyond MacOS 8, which is expected in July this year. Instead of two full retail releases of MacOS in 1998, Apple now plans to ship one complete release in mid-1998 (codenamed Allegro), and a further full releases once a year from then on.
In between the full release, additional features will be made available as updates. It is not yet clear how Apple will deliver them.
The company plans to ship two system updates between the releases of MacOS 8 and Allegro.
Contrary to speculation, Apple has not dropped its Newton PDA division, although the company confirmed it is looking to sell off its Newton technology.
Despite the gloomy news, Guerrino De Luca, Apple's executive vice president of marketing, remained optimistic about the company's future. "This company has never had a crisper executive team. If the question is 'Is it too late?', my answer is no," he said.
Latest Tesla news: Tesla share price continues to fall after Saudi Arabia's sovereign wealth fund is linked to investment in rival
SEC 'probe' takes its toll on Tesla as new research suggests that Tesla loses $6,000 on every $35,000 Model 3
RTX 280 Ti will come with 11GB of fast GDDR6 video RAM with a 352-bit memory bus offering 616Gbps
The scale of jobs lost to automation will be at least as large as those in the first three industrial revolutions
10nm Cannon Lake Core i3-8121U CPUs make a rare outing with Intel's NUC mini PC