According to CNBC , Apple has just announced the layoff of 614 employees working in the state of California (USA), marking the company's first significant staff cut since the Covid-19 pandemic.
According to a filing with the California Department of Labor, the affected employees work at eight different Santa Clara facilities. They were notified of the layoffs on March 28 and the cuts will take effect on May 27.
Apple announces layoffs of more than 600 employees related to Apple Car project
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The layoffs come after Apple canceled its ambitious self-driving electric car project, the Apple Car, which the company had been working on for years. The project was said to cost billions of dollars and involved hundreds of engineers, but Apple decided to stop due to technical difficulties and challenges in bringing the product to market.
While Apple did not disclose the exact number of employees affected by the Apple Car project, the 614 layoffs show the significant impact of the project’s cancellation. The positions being cut include factory managers, hardware engineers, and product design engineers.
The layoffs come amid a broader industry battle with rising inflation, rising interest rates and falling consumer demand. Other major tech companies, including Meta, Netflix and X, have also made or are planning to make cuts in recent months.
It is unclear what Apple plans to do for the laid-off employees, but the company said it will help them find new jobs, including providing severance pay and career counseling.
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