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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

Disney’s Streaming Success, Tech Eyes More IPOs in ’25 | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow speak with Disney CFO Hugh Johnston on the company’s latest earnings beat and future streaming ambitions. And why 2025 looks to be the year for tech IPOs. Plus, how online comic platform Webtoon is utilizing AI to help its storytellers and readers. ——– “Bloomberg Technology” is our daily news…

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Bloomberg’s Caroline Hyde and Ed Ludlow speak with Disney CFO Hugh Johnston on the company’s latest earnings beat and future streaming ambitions. And why 2025 looks to be the year for tech IPOs. Plus, how online comic platform Webtoon is utilizing AI to help its storytellers and readers.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Webtoon: We’re Relatively Immune to the US Election

Webtoon CFO David Lee says the popular online-comic company is shielded from FX and revenue volatility due to US election. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…

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Webtoon CFO David Lee says the popular online-comic company is shielded from FX and revenue volatility due to US election. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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Disney Finally Got It Right, Says Analyst Gerber

Ross Gerber of Gerber Kawasaki says Disney is at an inflection point, saying the company is an incredible value for investors. He speaks joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline…

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Ross Gerber of Gerber Kawasaki says Disney is at an inflection point, saying the company is an incredible value for investors. He speaks joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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