Apple lays off over 600 employees amid failed electric car project

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 7 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 66%

Business News

Apple,Job Cuts,Electric Car

Apple has laid off more than 600 employees, according to data from a California state agency, the first known post-pandemic job cuts at the iPhone juggernaut. The job cuts were related to the company's scuppered plans to produce an electric car, ending a struggling decade-long project. The full scope of the layoffs could be wider as Apple is only legally required to notify of job cuts in California.

Apple has laid off more than 600 employees, according to data from a California state agency, the first known post-pandemic job cuts at the iPhone juggernaut. The job cuts were related to the company's scuppered plans to produce an electric car, ending a struggling decade-long project.

The full scope of the layoffs could be wider as Apple is only legally required to notify of job cuts in California.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines