Apple is reportedly set to close down a store in Atlantic City, triggering substantial layoffs for a company that doesn’t usually have to make such cuts in general.
The tech giant, which operates roughly 500 retail locations around the world, is supposedly shutting down the New Jersey spot because the area isn’t thriving as much as it used to be.
“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, according to Bloomberg. “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.”
Atlantic City has, for the most part, been taking a nosedive financially and commercially for quite some time, with investments perniciously dissipating for at least the last decade or so. The report that Apple felt forced to file a Worker Adjustment and Retraining Notification with New Jersey for 52 affected employees reinforces that notion, since Apple rarely ever ends operations for a store without setting up a replacement.
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