Apple, which had to cancel important projects due to incompetence and productivity problems, had to join the layoff storm that it had resisted for a long time.
Apple's recent projects such as Project Titan electric car and microLED screen development for Apple Watch Ultra were cancelled. Apple, which wastes investments, also dismisses employees.
700 people will be laid off at Apple
According to the report submitted by Apple to the California government, 58 per cent of an office in Santa Clara will be laid off. This office belonged to LuxVue, which Apple acquired in 2014, and employed 1000 people. The microLED display cancellation for Apple Watch Ultra affected this office the most.
On the other hand, 120 engineers working in the San Diego office to improve the way the Siri assistant responds to the user and improve its accuracy will be laid off. Apple has promised to transfer its engineers to their offices in Texas. Employees who do not want to will be offered a compensation package.
Apple will thus lay off 700 people in total. Apple, which managed to maintain its profitability and gained appreciation by protecting its employees, especially during the great economic crisis after the pandemic, unfortunately gave up.