Apple to Layoff 614

Apple, the multinational technology company, has announced plans to lay off 614 employees across various California locations. Workers affected by the layoffs include machine shop managers, hardware engineers, and product design engineers. These job cuts come after the company terminated its electric vehicle and smartwatch display projects, citing complexity and high cost.

The report further mentions that this is a restructuring plan aimed at cutting costs as the company seeks to focus more on Generative AI projects.