Location: Cupertino, California, USA.
Department affected: various departments.
Based on news reporting.
Apple Inc. has announced layoffs affecting approximately 2,000 employees across various departments in Cupertino, California. This decision comes despite the company reporting a significant revenue increase of $140 billion, raising questions about the rationale behind the job cuts. The layoffs are part of a broader restructuring effort aimed at streamlining operations and improving efficiency. Apple has indicated that the affected employees will receive support during this transition, but the exact reasons for the cuts remain somewhat unclear. This move reflects ongoing challenges in the tech industry, where many companies are reevaluating their workforce strategies in light of changing market conditions.
Apple Inc. cut 2,000 jobs affecting its various departments team as of October 1, 2023.
That is roughly 1.2% of the 164,000 people Apple Inc. employs.
LayoffTalk has tracked 12 layoff events at Apple Inc. since October 2023, affecting a combined 5,879 employees.
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