Apple has reportedly laid off more than 600 employees in California following the termination of its car and smartwatch display projects, according to filings with the California Employment Development Department cited by Bloomberg.
The company initiated the winding down process for both projects in February, citing significant challenges, as highlighted in the report.
The car project was scrapped due to executive indecision regarding its direction and concerns over costs. Similarly, the smartwatch display program encountered substantial engineering, supplier, and cost hurdles.
Also Read: Rishabh Pant Faces Potential IPL Match Ban for Violating Code of Conduct
Reports indicate that 371 employees were released from Apple’s primary car-related office in Santa Clara, California, with additional layoffs affecting employees at various satellite offices.
Some personnel from the Apple car group were reassigned to other departments, such as artificial intelligence or personal robotics, the report revealed.
Also Read: Royal Expert: Meghan Markle Unlikely to Return to UK Despite Prince Harry’s Visit Plans
These recent layoffs follow earlier restructuring efforts by Apple. In April 2023, the company trimmed roles within its corporate retail teams as part of a cost-saving initiative. Subsequently, positions were eliminated in the development and preservation teams responsible for constructing and maintaining Apple retail stores worldwide.
NIA sources have previously conducted raids in Maharashtra, Malegaon, Jammu and Kashmir, Assam, and Delhi,…
While commuting the death sentence, the High Court upheld the conviction of the three men…
During his visit, PM Modi performed darshan at the Jagdamba Mata Temple in Poharadevi. He…
Judge Bajpai reminded the defense that daily hearings were planned. He warned all defendants that…
PM launched the 18th installment at an event in Maharashtra, benefiting 9.4 crore farmers nationwide,…
Over 64% of 2.03 crore voters in Haryana participated in the assembly elections casting their…