Location: Cupertino, California.
Based on news reporting.
Apple Inc. has announced layoffs affecting approximately 3,000 employees despite reporting a record revenue of $140 billion. The job cuts are part of a broader restructuring effort aimed at streamlining operations and reducing costs in response to changing market conditions. The layoffs are set to take effect in early October 2023, primarily impacting teams in Cupertino, California. This decision comes as the tech giant seeks to balance its workforce with its current business needs, highlighting the challenges faced by the company in a competitive landscape.
Apple Inc. cut 3,000 jobs as of October 1, 2023.
That is roughly 1.8% 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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