Apple Layoffs – Artifex.News https://artifex.news Stay Connected. Stay Informed. Fri, 05 Apr 2024 10:59:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://artifex.news/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png Apple Layoffs – Artifex.News https://artifex.news 32 32 Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts https://artifex.news/article68032117-ece/ Fri, 05 Apr 2024 10:59:18 +0000 https://artifex.news/article68032117-ece/ Read More “Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts” »

]]>

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.
| Photo Credit: AP

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. But it’s not clear which departments or projects the employees were involved in.

Also Read | Apple working on personal robot that can follow people around their homes: Report

Apple did not immediately respond to a request for comment early Friday.

The Cupertino, California, company had been a notable exception as other tech companies slashed their workforces over the past two years. There was a massive surge in hiring during the COVID-19 pandemic, when people spent more time and money online, and big tech companies are still larger than they were before the pandemic. Still, as growth slows, companies are focusing on cutting costs to bolster their bottom lines.

Amazon announced earlier this week a fresh round of layoffs, this time at its cloud computing business AWS.

In recent months, video game maker Electronic Arts said it’s cutting about 5% of its workforce, Sony said its axing about 900 jobs in its PlayStation division, Cisco Systems revealed plans to lay off more than 4,000 workers and social media company Snap, owner of Snapchat, announced its slashing 10% of its global workforce.



Source link

]]>
Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts https://artifex.news/article68032117-ece-2/ Fri, 05 Apr 2024 10:59:18 +0000 https://artifex.news/article68032117-ece-2/ Read More “Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts” »

]]>

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.
| Photo Credit: AP

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. But it’s not clear which departments or projects the employees were involved in.

Also Read | Apple working on personal robot that can follow people around their homes: Report

Apple did not immediately respond to a request for comment early Friday.

The Cupertino, California, company had been a notable exception as other tech companies slashed their workforces over the past two years. There was a massive surge in hiring during the COVID-19 pandemic, when people spent more time and money online, and big tech companies are still larger than they were before the pandemic. Still, as growth slows, companies are focusing on cutting costs to bolster their bottom lines.

Amazon announced earlier this week a fresh round of layoffs, this time at its cloud computing business AWS.

In recent months, video game maker Electronic Arts said it’s cutting about 5% of its workforce, Sony said its axing about 900 jobs in its PlayStation division, Cisco Systems revealed plans to lay off more than 4,000 workers and social media company Snap, owner of Snapchat, announced its slashing 10% of its global workforce.



Source link

]]>
Apple Laid Off 600 Workers After Halting Car, Smartwatch Projects https://artifex.news/apple-laid-off-600-workers-after-halting-car-smartwatch-projects-5378001/ Fri, 05 Apr 2024 02:50:39 +0000 https://artifex.news/apple-laid-off-600-workers-after-halting-car-smartwatch-projects-5378001/ Read More “Apple Laid Off 600 Workers After Halting Car, Smartwatch Projects” »

]]>

71 employees were released at Apple’s main car-related office. (Representational)

Apple Inc. laid off more than 600 employees in California as part of the decisions to end its car and smartwatch display projects, according to filings with the California Employment Development Department.

The Cupertino, California-based company filed eight separate reports to the state to comply with the Worker Adjustment and Retraining Notification, or WARN program. Companies must file a report to the state agency for each California address that includes employees affected by a layoff. At least 87 of the people worked at an address corresponding to a secret Apple facility for its next-generation screen development, while the others were located at buildings related to the car project.

At the end of February, Apple began to wind down both initiatives, which were seen as major moonshot efforts to advance the company’s technologies or enter sizable new areas. The car project was canceled amid indecision among executives about its direction and cost concerns. The display program was shuttered due to engineering, supplier and cost challenges.

According to the reports, 371 employees were released at Apple’s main car-related office in Santa Clara, California, while dozens more at multiple satellite offices were also impacted. In some cases, members of the Apple car group were relocated to other teams, such as for artificial intelligence or work on personal robotics.

An Apple spokeswoman declined to comment on the number of employees affected by the job cuts.

The WARN notices don’t disclose the full scope of the job reductions because Apple had many engineers on both projects in other areas, including Arizona.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Waiting for response to load…



Source link

]]>