Apple Reportedly Lays Off 40 Final Cut Employees

AE Portal News reported last week on a Twitter post claiming that Apple has laid off 40 members of its Final Cut team focused on the company's professional-level video editing software tools. The cuts were apparently focused on remote teams based in the Los Angeles and Austin areas.

And while it doesn't mean that Final Cut is doomed, it is interesting that Pro App teams in LA and Austin were cut so confidently before NAB.

Apple's last major release to its Final Cut Studio product was made in July 2009, bringing a number of new features and a lower price tag to the company's highly-regarded video editing suite.