Report: Apple Final Cut staff let go 'despite high profits'

Apple has reportedly let at least 40 staff -- part of the Final Cut team -- go, according to an ex-Apple employee.

British born Pete Pete Warden, now based in Boulder, Colorado, writes on his Twitter feed: "Apple laid off 40 of my old Final Cut team yesterday, lots of good people, despite high profits. Apple can be pretty evil."

Last month, reporting First Quarter results, Apple posted revenue of $15.68 billion and a net quarterly profit of $3.38 billion, or $3.67 per diluted share.

In a blog post Warden highlights the work of one colleague Doyle Rockwell. "I was sad to hear that Apple are letting go some remote workers in their video software division, especially because that means Doyle Rockwell is leaving."

"He's been a driving force behind Apple's professional video products like Motion and Final Cut Pro for the last 8 years, but since he recently moved from LA to Austin to be closer to family, he's fallen prey to some job cuts focused on off-site employees."

Warden himself is now involved in building a startup, "in between mountain bike rides."

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