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Apple Cut at Least 600 Workers When Projects Stopped

Apple laid off more than 600 employees in California as part of the decisions to end its car and smartwatch display projects, according to filings with the California Employment Development Department. Bloomberg’s Mark Gurman joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”

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Apple laid off more than 600 employees in California as part of the decisions to end its car and smartwatch display projects, according to filings with the California Employment Development Department. Bloomberg’s Mark Gurman joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”

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15 Comments

15 Comments

  1. @jarrodyuki7081

    April 5, 2024 at 2:11 pm

    ti te ni ne fi fe si se.

  2. @mrcpaddler

    April 5, 2024 at 4:42 pm

    Also, Apple is slowly reducing its retail workforce and employees related to its bricks & mortar operations. Rampant theft and increase will cause more layoffs. Insofar as retail repair & service (the Genius Bar at the Apple Store), all of that is by appointment now. Those services will be conducted in a secured manner so as to allow only those people with appointments into a new modified store. This prevents someone without an appointment from walking in and stealing laptops and phones. It’s a very smart move by Apple. And soon if you just want to buy a phone or computer, you’ll need to make an online appointment to shop. Actually it will be safer for everyone and no waiting line.

    Keep in mind, even delivery trucks with Apple computers and phones are getting hit enroute to stores.

    When making an online reservation, customers will need to provide specific information. Again, this will keep out undesirable people who will steal or create a hostile atmosphere and dangerous conditions for employees and customers. But again, all of this will have an effect on reducing the number of employees needed in retail operations.

  3. @davidanalyst671

    April 5, 2024 at 5:51 pm

    Apple blew through Tesla’s budget for the first 10 years in order to just decide that they don’t want ot make cars. I think someone actually needs to say this

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    April 5, 2024 at 11:11 pm

    🍏
    MAKE A YOUTUBE SURVEY ASKING HOW MANY PEOPLE WOULD PURCHASE A NEW APPLE CAR !

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Bloomberg Technology

SpaceX’s Tender Offer and AI in Hollywood | Bloomberg Technology

Bloomberg’s Ed Ludlow breaks down SpaceX weighing a tender offer that would value the company at $200 billion. Plus, Alphabet and Meta are in talks with Hollywood studios to use their content for AI video generation, and Canva takes on Adobe users with work tools to speed up growth. 00:00 – Bloomberg Technology Begins 08:55…

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Bloomberg’s Ed Ludlow breaks down SpaceX weighing a tender offer that would value the company at $200 billion. Plus, Alphabet and Meta are in talks with Hollywood studios to use their content for AI video generation, and Canva takes on Adobe users with work tools to speed up growth.

00:00 – Bloomberg Technology Begins
08:55 – Cameron Adams, Canva Co-Founder
27:15 – Kavita Gupta, Delta Blockchain Fund CEO
32:30 – Ritu Narayan, Zum CEO and Founder
40:20 – Michael Wolf, ResortPass CEO
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Bloomberg Technology

The US Is Getting First Fully-Electric School Bus Fleet

Starting this coming August, Silicon Valley startup Zūm will provide 74 electric buses to the Oakland school district, making it the first all-electric bus fleet serving a major US school district. These buses will also supply 2.1 gigawatt-hours of electricity to the Bay Area power grid, which is enough energy for 300 to 400 homes.…

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Starting this coming August, Silicon Valley startup Zūm will provide 74 electric buses to the Oakland school district, making it the first all-electric bus fleet serving a major US school district. These buses will also supply 2.1 gigawatt-hours of electricity to the Bay Area power grid, which is enough energy for 300 to 400 homes. Zum CEO and Founder Ritu Narayan joins Ed Ludlow on “Bloomberg Technology.”
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Bloomberg Technology

Delta Blockchain Fund CEO: Ethereum Has Been Reliable

The crypto industry is closer to another landmark after the SEC paved the way for the eventual launch of the first US exchange-traded funds investing directly in the Ether token. Delta Blockchain Fund CEO Kavita Gupta joins Ed Ludlow to discuss why she thinks Ethereum has been reliable and continues to prosper on “Bloomberg Technology.”…

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The crypto industry is closer to another landmark after the SEC paved the way for the eventual launch of the first US exchange-traded funds investing directly in the Ether token. Delta Blockchain Fund CEO Kavita Gupta joins Ed Ludlow to discuss why she thinks Ethereum has been reliable and continues to prosper on “Bloomberg Technology.”
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