Apple Layoffs in California
Apple has laid off more than 600 employees in California as it shifts priorities under CEO Tim Cook, particularly due to the failure of the electric vehicle project. The company faces challenges in slowing iPhone sales, legal battles, and slow consumer interest in its new products.
Key Points
- Apple laid off over 600 employees in California due to failed projects like the electric vehicle initiative
- CEO Tim Cook is focusing on streamlining R&D efforts amidst challenges in iPhone sales and legal battles
- Apple faces competition from rivals like Huawei in the Chinese market
- The company ventured into mixed reality with the release of the Vision Pro headset, but consumer interest has been slow