• bitcoinBitcoin(BTC)$76,113.000.37%
  • ethereumEthereum(ETH)$2,408.690.25%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$719.870.82%
  • rippleXRP(XRP)$1.300.74%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$98.611.42%
  • tronTRON(TRX)$0.3356691.07%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.00-3.12%
  • zcashZcash(ZEC)$1,320.5817.88%
  • HyperliquidHyperliquid(HYPE)$78.631.93%
  • dogecoinDogecoin(DOGE)$0.0806300.35%
  • USDSUSDS(USDS)$1.000.01%
  • RainRain(RAIN)$0.013316-5.46%
  • moneroMonero(XMR)$491.30-1.88%
  • whitebitWhiteBIT Coin(WBT)$78.090.20%
  • chainlinkChainlink(LINK)$10.970.15%
  • leo-tokenLEO Token(LEO)$8.860.05%
  • cardanoCardano(ADA)$0.195244-0.52%
  • stellarStellar(XLM)$0.1833774.03%
  • Ethena USDeEthena USDe(USDE)$1.000.00%
  • daiDai(DAI)$1.000.01%
  • bitcoin-cashBitcoin Cash(BCH)$218.610.89%
  • USD1USD1(USD1)$1.00-0.01%
  • uniswapUniswap(UNI)$6.483.02%
  • litecoinLitecoin(LTC)$51.340.03%
  • CantonCanton(CC)$0.0960084.05%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.31-1.05%
  • nearNEAR Protocol(NEAR)$2.5810.66%
  • Global DollarGlobal Dollar(USDG)$1.000.01%
  • avalanche-2Avalanche(AVAX)$7.371.11%
  • hedera-hashgraphHedera(HBAR)$0.073607-2.31%
  • suiSui(SUI)$0.713.45%
  • shiba-inuShiba Inu(SHIB)$0.000005-1.17%
  • paypal-usdPayPal USD(PYUSD)$1.000.01%
  • crypto-com-chainCronos(CRO)$0.0561370.86%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • tether-goldTether Gold(XAUT)$4,270.01-0.53%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • MemeCoreMemeCore(M)$1.120.05%
  • BittensorBittensor(TAO)$221.230.88%
  • Ripple USDRipple USD(RLUSD)$1.000.01%
  • okbOKB(OKB)$110.740.83%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.15-0.16%
  • BitwayBitway(BTW)$0.735.30%
  • AsterAster(ASTER)$0.692.25%
  • pax-goldPAX Gold(PAXG)$4,270.44-0.58%
  • World Liberty FinancialWorld Liberty Financial(WLFI)$0.0571860.16%
  • mantleMantle(MNT)$0.551.60%
  • aaveAave(AAVE)$117.21-4.07%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Apple cuts over 700 jobs following its car and display project closures

April 5, 2024
in AI & Technology
Reading Time: 2 mins read
A A
Apple cuts over 700 jobs following its car and display project closures
ShareShareShareShareShare

Over 700 people at Apple have recently lost their jobs, according to the latest WARN report posted by the Employment Development Department of California (EDD). Most of the people who were laid off worked at Apple’s offices in Santa Clara, with 371 of them coming from the company location that primarily dealt with the company’s now-defunct electric vehicle project. Under California law, companies are required to file a report with the EDD for each location affected by layoffs under the Worker Adjustment and Retraining Notification (WARN) program.

Eight Apple locations in Santa Clara were hit by layoffs, including the main car office, though one of them worked on its in-house MicroLED display project that was reportedly scrapped in March due to costs and technical difficulties. The company was hoping to produce its own screens for iPhones, Macs and its smartwatches, but that clearly isn’t happening anytime soon.

YOU MAY ALSO LIKE

AI Safety Can’t Rely on an Honor Code – Unite.AI

Denise Ruffner, VP Business Development and Commercial Operations Worldwide, Haiqu – Interview Series – Unite.AI

Apple’s original car ambitions were to build a fully autonomous vehicle without pedals and a steering wheel, until it decided to develop an electric vehicle instead. A previous Bloomberg report said Apple canceled the initiative internally called “Project Titan” after investing billions of dollars and a decade into it. The employees who were developing the vehicle were given the chance to transfer to Apple’s other divisions, including its teams that are reportedly working on artificial intelligence and home robotics. But based on Apple’s WARN report, it wasn’t able to re-integrate everyone into the company.

Apple is believed to be in the very early stages of developing personal robotics for people’s homes. One of the machines that’s currently a work-in-progress is a robot that follows people around, while the other is a table-top device that uses a robot to move a display around, according to another Bloomberg report. The company’s work on personal robotics is part of its efforts, which also include the Vision Pro, to find new sources of revenue.

Credit: Source link

ShareTweetSendSharePin

Related Posts

AI Safety Can’t Rely on an Honor Code – Unite.AI
AI & Technology

AI Safety Can’t Rely on an Honor Code – Unite.AI

September 16, 2026
Denise Ruffner, VP Business Development and Commercial Operations Worldwide, Haiqu – Interview Series – Unite.AI
AI & Technology

Denise Ruffner, VP Business Development and Commercial Operations Worldwide, Haiqu – Interview Series – Unite.AI

September 16, 2026
MindsEye Developer Build A Rocket Boy Is Reportedly Shutting Down
AI & Technology

MindsEye Developer Build A Rocket Boy Is Reportedly Shutting Down

September 16, 2026
The Boox Note Air6C E Ink Tablet Flips Pages Nearly 40 Percent Faster
AI & Technology

The Boox Note Air6C E Ink Tablet Flips Pages Nearly 40 Percent Faster

September 16, 2026
Next Post
‘Evan is not here’: Gershkovich’s parents speak out a full year since his arrest

‘Evan is not here’: Gershkovich’s parents speak out a full year since his arrest

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Attorney says Clancy ‘does not agree’ with treatment of Patrick

Attorney says Clancy ‘does not agree’ with treatment of Patrick

September 15, 2026
Witkoff and Kushner travel to Russia and Ukraine

Witkoff and Kushner travel to Russia and Ukraine

September 16, 2026
Smithsonian Secretary Lonnie Bunch to retire amid clashes with Trump administration

Smithsonian Secretary Lonnie Bunch to retire amid clashes with Trump administration

September 15, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!