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Apple lays off over 600 employees after cancelling its EV and smartwatch display projects. Check for further details here. �� Apple Layoffs: Apple Lays Off Over 600 Employees in US State of California After Cancelling Self-Driving EV Project.
The workers were cut from eight offices in Santa Clara, according to the filings under the state’s Worker Adjustment and Retraining Notification Act, also known as WARN.
Apple was the one tech company that didn't announce mass layoffs. That was till now. Close to 700 employees have been asked to leave as two high-profile projects have reportedly been shelved
Apple layoffs come amid a wider restructuring in the tech industry. As per the report, 371 employees were let go from Apple’s main car-related office in Santa Clara, California, while dozens more at multiple satellite offices were impacted. Both the self-driving car and smartwatch products were scrapped by the tech giant earlier this year.
Layoffs, which began at the end of 2023 and are still ongoing, are unlikely to end, demonstrating how the major industries are experiencing a recession and how the industries are taking tough measures to address the situation.