Apple Reports Hundreds of Job Cuts in Siri and Vision Pro Teams
Apple is reportedly cutting over 200 jobs across several teams, including the Vision Pro VR headset team and those working on AI integration through Siri and Intelligent Systems Experience. According to Bloomberg sources, around 100 positions were eliminated from the Vision Pro team alone. The company confirmed these cuts as part of a broader effort to evolve its business strategy and focus resources on newer AI initiatives and devices. Apple is navigating a period of transition marked by rising costs due to memory shortages linked to its AI expansion efforts, which have led to price increases for Macs and iPads this summer. The company has also introduced hardware leasing plans as part of broader cost management strategies. Additionally, Apple recently filed a lawsuit against OpenAI over alleged trade theft.
Tickers: $AAPL
Topics: AI Apple Hardware Layoffs Vision Pro