Apple Trims Workforce by Over 600 in California Amid Pullback from Car and Screen Initiatives
Posted: Apr 05, 2024
- Apple is laying off over 600 employees in California as it rethinks its interest in electric car development - Layoffs are a result of cost overruns, long delays, and winding down of projects - Employees from the electric car project are being reassigned to Apple's artificial intelligence division - Apple is focusing on areas like artificial intelligence for growth - The company also faced challenges with next-generation screen technology for the Apple Watch - Apple employed 161,000 full-time employees as of September - The workforce adjustments show Apple's flexibility in strategic realignment to focus on growth areas like artificial intelligence
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