Apple lays off over 600 employees amid closure of car project
Apple has reportedly laid off over 600 employees in California, following the termination of its car and smartwatch display projects
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Apple has reportedly laid off over 600 employees in California, following the termination of its car and smartwatch display projects
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Indian IT companies are back headhunting for senior roles. This and more in todays ETtech Top 5.
Apple is laying off more than 600 workers in California, marking the company's first big wave of post-pandemic job cuts amid a broader wave of tech industry consolidation. The iPhone maker notified 614 workers in multiple offices on March 28 that they were losing their jobs, with the layoffs becoming effective on May 27, according to reports to regional authorities. 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 scrapped its decade-long effort to build an electric car amid concerns over the project's direction and costs.