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

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Bloomberg Technology

Applied Materials’ Results, OpenAI-Reddit Partnership | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt.
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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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Bloomberg Technology

Reddit Forges Pact With OpenAI on Content for ChatGPT

Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”
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Applied Materials Forecast Fails to Impress After Rally

Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”…

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Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”
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