Versuchen GOLD - Frei
Apple cuts over 600 jobs after scrapping projects
Business Standard
|April 06, 2024
Move comes after its decision to end car, smartwatch display projects
-
Apple Inc 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.
The Cupertino, California-based company filed eight separate reports to the state to comply with the Worker Adjustment and Retraining Notification, or WARN program. Companies must file a report to the state agency for each California address that includes employees affected by a layoff. At least 87 of the people worked at an address corresponding to a secret Apple facility for its next-generation screen development, while the others were located at buildings related to the car project.
Diese Geschichte stammt aus der April 06, 2024-Ausgabe von Business Standard.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business Standard
Business Standard
'High-quality growth stocks better valued vis-à-vis rest of market'
Valuations, which have eased over the course of 2025, are likely to soften further as the time correction continues, and earnings growth is expected to pick up, says Vinay Paharia, chief investment officer, PGIM India Mutual Fund (formerly PGIM India Asset Management).
2 mins
January 12, 2026
Business Standard
Increasing discomfort
AI and social media need new norms of regulation
2 mins
January 12, 2026
Business Standard
Avoid chasing recent winners, dumping laggards prematurely
Build diversified portfolio to benefit from inevitable leadership rotation across assets
3 mins
January 12, 2026
Business Standard
Municipal bond issuances hit new record in FY26 due to fiscal support
Unlike earlier reform phases, current framework of Amrut 2.0 provides quantified incentives that lower cost of borrowing, Anjali Kumari writes
2 mins
January 12, 2026
Business Standard
'India to manufacture 3 nm chips by 2032'
With several semiconductor (semicon) manufacturing plants set to begin commercial production this year and a major push planned under the IndiaAI Mission, Union Minister for Electronics and Information Technology Ashwini Vaishnaw outlines the government's strategy to position India as a key global player in an email interview with Surajeet Das Gupta.
3 mins
January 12, 2026
Business Standard
Realty moves to the core of conglomerates’ biz strategy
India’s leading conglomerates are stepping up investments in real estate, recasting what was once a peripheral activity into a core growth driver.
3 mins
January 12, 2026
Business Standard
Cuba should strike a deal with US 'before it is too late': Trump
US President Donald Trump on Sunday suggested Cuba should strike a deal with Washington, warning that the island nation would no longer receive oil or money from Venezuela.
1 mins
January 12, 2026
Business Standard
Petroleum product exports touched record high in 2025
This despite West sanctions on Russian oil and Suez Canal hurdles
2 mins
January 12, 2026
Business Standard
‘Sovereign AI a national goal for India’
FROM PAGE 1
2 mins
January 12, 2026
Business Standard
Google guys say bye to California as state weighs one-time billionaire wealth tax
Larry Page and Sergey Brin, two Stanford University graduate students, created the search engine in 1998 and built the startup out of a friend’s garage in Menlo Park, Calif.
2 mins
January 12, 2026
Listen
Translate
Change font size
