Top level exits plague Apple in India - News Summed Up

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Top level exits plague Apple in India


KOLKATA: Eight senior managers at the local operations of Apple have resigned in the past two months. Anandkumar has taken an early retirement, while Bedi is serving notice period, two senior industry executives said.Two national business managers, Pavan Kareti and Samidha Gupta, have also quit. Kareti used to manage all the franchisee partners for Apple Premium Resellers, which is a global initiative wherein select Apple exclusive stores are designed and operated as per global parameters and benchmarks. While some more senior executives are on the lookout, the problem they are facing is matching salary levels, more so now when the market itself is down,” one of them added. Apple India didn’t respond until press time Wednesday to an email seeking comment.The company currently employs around 60 people at the managerial level while another 75-odd people are in field sales, managing and monitoring sales in the partner outlets from regional offices.


Source: Economic Times January 11, 2017 20:17 UTC



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