This article is WRONG!
1) This has already been debunked... fully...
No, Apple did not fire 1,600 retail store employees
2) The number of full-time equivalent employees went UP year-over-year from 12,000 to 14,000...
"Apple's SEC 10-Q filing, dated May 1, 2008, clearly and unequivocally stated, "As of March 29, 2008, the Retail segment had approximately 12,000 full-time equivalent employees." 14,000 today - 12,000 a year ago = 2,000 new employees! Okay, "full-time equivalents" or "man-hours," whatever. "
3a) This is also wrong... it's 15,900 not 15,600...
"The Wall Street Journal noted that the filing also indicated that Apple's estimate of roughly 14,000 "full-time equivalent employees" is down from 15,600 reported in Apple's 10-Q filing from January."
3b) As someone already pointed out the reduction was a result of holiday staff...
"[The cuts were] in retail. After Christmas. Meaning holiday staff, as usual, did not continue past the holidays. Also in the same 10-Q filing, conversely, Apple increased R&D headcount in the current year to support expanded R&D activities, but did not provide a hard figure, perhaps in order to protect that information from competitors. We predict that these facts will not be present in many (if any) other media outlets' news stories about this issue."
4) The Register just had a system failure on the facts. Please re-boot and fix your article.
5) These are much more fun to read... these are not holiday staff... since MS has no retail stores!
Microsoft quarterly revenue drops for first time in company history; net income plummets 32%
Analyst predicts more Microsoft layoffs than 5,000 already announced