Apple (AAPL) seems to be telling investors it’s time to walk, but not necessarily away from growth. The company is cutting a handful of jobs within its Apple Fitness+ audio-content team, putting roles tied to experiences such as Time to Walk and Time to Run under the microscope. The move comes as Apple continues to invest heavily in the businesses and technologies it believes will shape its next phase of growth.
The Fitness+ cuts also follow a broader restructuring in August that affected more than 200 roles across Siri, software, artificial intelligence (AI), and Vision Pro.