Apple Fires More Than 600 Workers In Its First Major Round Of Post-COVID Cuts

Apple Fires More Than 600 Workers In Its First Major Round Of Post-COVID Cuts

The Cupertino, California, company had been a notable exception as other tech companies slashed their workforces over the past two years.

PTIUpdated: Friday, April 05, 2024, 04:32 PM IST
article-image
Apple Headquarters | Daniel Lawrence Lu

Apple is laying off more than 600 workers in California, marking the company's first big wave of post-pandemic job cuts amid a broader wave of tech industry consolidation.

614 Workers Fired

The iPhone maker notified 614 workers in multiple offices on March 28 that they were losing their jobs, with the layoffs becoming effective on May 27, according to reports to regional authorities.

The workers were cut from eight offices in Santa Clara, according to the filings under the state's Worker Adjustment and Retraining Notification Act, also known as WARN. But it's not clear which departments or projects the employees were involved in.

Apple did not immediately respond to a request for comment early Friday.

Apple Inc

Apple Inc | Pixabay

The Cupertino, California, company had been a notable exception as other tech companies slashed their workforces over the past two years.

Massive Hiring In Pandemic

There was a massive surge in hiring during the COVID-19 pandemic, when people spent more time and money online, and big tech companies are still larger than they were before the pandemic. Still, as growth slows, companies are focusing on cutting costs to bolster their bottom lines.

Amazon announced earlier this week a fresh round of layoffs, this time at its cloud computing business AWS.

In recent months, video game maker Electronic Arts said it's cutting about 5 per cent of its workforce, Sony said its axing about 900 jobs in its PlayStation division, Cisco Systems revealed plans to lay off more than 4,000 workers and social media company Snap, owner of Snapchat, announced its slashing 10% of its global workforce.

RECENT STORIES

FASTag Annual Pass FAQs: Eligibility, Validity, Purchase Process And Key Rules Ahead Of August 15...

FASTag Annual Pass FAQs: Eligibility, Validity, Purchase Process And Key Rules Ahead Of August 15...

Indian Railways Introduces Discounted 'Round Trip Package' To Ease Festive Season Travel

Indian Railways Introduces Discounted 'Round Trip Package' To Ease Festive Season Travel

Attention ICICI Customers! Bank Raises Minimum Balance To ₹50,000, Revises Service Charges For New...

Attention ICICI Customers! Bank Raises Minimum Balance To ₹50,000, Revises Service Charges For New...

Grasim Q1 Profit Up 34% To ₹2,767 Crore, Revenue Rises To ₹40,118 Crore

Grasim Q1 Profit Up 34% To ₹2,767 Crore, Revenue Rises To ₹40,118 Crore

Mumbai Real Estate News: Blue Jet Healthcare Promoters Acquire 3 Luxury Worli Properties Worth Over...

Mumbai Real Estate News: Blue Jet Healthcare Promoters Acquire 3 Luxury Worli Properties Worth Over...