Small layoffs and budget cuts are hitting Apple, with more expected
New Apple CEO John Ternus is reportedly planning layoffs ranging from small-scale ones in large teams, but also cancelling projects.
John Ternus at the "Ted Lasso" launch - image credit: Reuters
Apple has recently laid off some staff from Apple Vision Pro development, but a new report says that employees across the company are expecting more serious numbers of redundancies to come. According to Bloomberg, it's a result of new CEO Ternus aiming to cut costs and focus on developing fewer products.
The report also claims, though, that some of the layoffs were linked to employee performance. So at least some of the layoffs appear to be more due to efficiency than to budget cutting.
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John Ternus at the "Ted Lasso" launch - image credit: Reuters
Apple has recently laid off some staff from Apple Vision Pro development, but a new report says that employees across the company are expecting more serious numbers of redundancies to come. According to Bloomberg, it's a result of new CEO Ternus aiming to cut costs and focus on developing fewer products.
The report also claims, though, that some of the layoffs were linked to employee performance. So at least some of the layoffs appear to be more due to efficiency than to budget cutting.
Continue Reading on AppleInsider | Discuss on our Forums