The entire article:
http://economictimes.indiatimes.com/articleshow/1612033.cms
Highlights of the article:
http://economictimes.indiatimes.com/articleshow/1612033.cms
Highlights of the article:
India Times said:BANGALORE: The company that redefined the way we listen to music has decided to call it quits in India. Apple... is pulling out its software development and support operations in India. The company had commenced operations in April and hired about 30 people for its subsidiary, Apple Services India Pvt Ltd.
At a meeting on May 29, Apple announced its decision to lay off all its employees. Apple officials told them that the company is revaluating its operations and has thought of pulling back its Indian operations.
Apple is giving these employees a severance package of two months salary....
Apple continues to operate its sales and marketing arm in Bangalore which employs 25 people.
... Apple had set itself a hiring target of 600 by the year-end. After a gala induction ceremony on April 17, the operations team went to Transworks for training. Some of the managers were about to leave for the US for further training when they were asked to stay put.
As in "knowledge transfer" or " You're fired, now go train your replacement!" ?Some of the managers were about to leave for the US for further training