Apple cuts jobs after dropping self-driving car plans

Fri, 05 Apr 2024 02:35:31 GMT
BBC News - Technology

The tech giant is cutting 600 jobs from its abandoned self-driving car project, reports say

Apple has cut more than 600 jobs after reportedly dropping its self-driving car plans.

The majority of the cuts come from the address of the site which was working on the recently abandoned self-driving car project in California, according to Bloomberg.

The state's employment department was notified on 28 March that 614 staff will be laid off in May. Apple has been approached for comment.

In May last year, Apple boss Tim Cook told CNBC that layoffs would be a "Last resort".

Apple has laid off far fewer people compared to their competitors.

Apple is the world's most valuable company - but "No one is immune to job cuts," says industry analyst Paolo Pescatore of PP Foresight.

"While this might seem significant given that it relates to Apple as one of the last big tech giants to make job cuts, it is not driven by the need for efficiencies," says Mr Pescatore.

Reports of Apple ending its multi-billion-dollar investment into its self-driving car project first emerged in February.

Apple reportedly spent billions of dollars on research and development of a fully autonomous vehicle without a steering wheel and pedals.

It was reported that Apple would move many of its 2,000-strong electric car team to work on AI projects instead. A separate filing in the California jobs report shows that in January, Apple laid off 121 workers in its San Diego office.

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