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Apple lays off more than 700 staff from cancelled car and microLED projects

By Shawn Tan - on 8 Apr 2024, 8:30am

Apple lays off more than 700 staff from cancelled car and microLED projects

More than 700 Apple employees are laid off due to the cancellation of the electric car and microLED projects.

Apple is laying off more than 700 employees in the coming weeks. 

In the WARN (Worker Adjustment and Retraining Notification) report filed by Apple to the California Employment Development Department, the upcoming layoffs involved employees from the cancelled electric car and microLED Apple Watch Ultra projects. 

9to5Mac claims to have seen the report and shared that 58 Apple employees from one office in Santa Clara are affected. This particular office is said to belong to LuxVue Technology, a company that Apple acquired in 2014 for its low-power, microLED screen technologies.

Bloomberg recently reported that the microLED Apple Watch Ultra is the second key project to be scrapped by Apple this year. While Apple isn't giving up on the technology and will continue to invest in microLED for future products, "several dozen engineering roles" are removed.

In addition, the WARN report indicates that there are more than 120 affected employees from San Diego. Apple reportedly shut down a Siri data operations office in January.

More importantly, it is likely that the bulk of the layoffs came from the doomed Apple Car project. The company is said to have spent over $10 billion in the past 10 years to develop a self-driving vehicle.

The upcoming layoff at Apple comes almost a year after CEO Tim Cook shared with CNBC that layoff is "a last resort" and it was not something that they were considering at that point in time. Cook stated that the company continues to be "extremely prudent on hiring".

Source: 9to5Mac

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