Apple Inc. said it is closing a retail store in Atlantic City, New Jersey, resulting in a rare but small round of job cuts by the world’s largest technology company.
Apple filed a Worker Adjustment and Retraining Notification with the state of New Jersey for 52 employees who will be affected. The company first launched the shop in 2006, taking advantage of The Pier’s connection to the Caesars Atlantic City Hotel and Casino.
This move by the multinational company comes as a shock to everyone because Apple rarely closes a retail store. Even if they close a store, they make sure it is relocated.
“Due to a sharp decline in tourism and visitors to the area, we have made the difficult decision not to extend our lease,” an Apple spokesman said in a statement. “We are offering all of the store’s employees other jobs within Apple and we look forward to serving our Greater Atlantic City customers through our other southern New Jersey, Delaware Valley, and Greater Philadelphia area stores.”
“We are offering all of the store’s employees other jobs within Apple, and we look forward to serving our Greater Atlantic City customers through our other southern New Jersey, Delaware Valley, and Greater Philadelphia area stores,” the company added.
Apple also doesn’t seem to have any impending plans of opening a new one in the surrounding vicinity any time soon in future. Apple last closed a store in Simi Valley, California, for similar reasons, back in 2017. The company has more than 500 stores globally with over half located in the U.S.
Well, this isn’t bad a bad news for Apple as they are expanding faster than before. The company is about to complete its University-Village centre in Seattle whose construction videos and snaps had been leaked earlier on Reddit as reported by us earlier.