Business
Apple Lays Off More Than 600 Workers In California In Its First Major Round Of Post-Pandemic Cuts
Apple is cutting more than 600 employees in California, marking the company’s first major job reduction since the epidemic. This move is part of a larger wave of tech industry mergers.
According to allegations to regional authorities, the iPhone maker alerted 614 employees across several offices on March 28 that they would be laid off, with the layoffs taking effect on May 27.
Apple Lays Off More Than 600 Workers In California In Its First Major Round Of Post-Pandemic Cuts
According to state Worker Adjustment and Retraining Notification Act (WARN) filings, the employees were laid off from eight Santa Clara offices. However, it needs to be apparent whose departments or projects the employees were involved in.
Apple waited to respond to a request for comment early Friday.
Apple Lays Off More Than 600 Workers In California In Its First Major Round Of Post-Pandemic Cuts
The Cupertino, California-based corporation has been a striking exception as other IT giants reduced their workforces over the previous two years. The COVID-19 pandemic saw a tremendous increase in hiring as individuals spent more time and money online, and big IT businesses are still larger than before the pandemic. Still, as growth slows, businesses are focusing on cost-cutting.
According to a recent regulatory filing, Apple employs around 161,000 full-time equivalent employees.
Apple Lays Off More Than 600 Workers In California In Its First Major Round Of Post-Pandemic Cuts
Amazon announced another wave of layoffs earlier this week, this time at its cloud computing division AWS. In recent months, video game maker Electronic Arts has announced that it will cut about 5% of its workforce, Sony has announced that it will cut about 900 jobs in its PlayStation division, Cisco Systems has revealed plans to lay off more than 4,000 employees, and social media company Snap, which owns Snapchat, has announced that it will reduce its global workforce by 10%.
SOURCE – (AP)