Apple is laying off more than 700 employees as the company has just canceled its Apple Car project and is also reconsidering the project to develop in-house Micro-LED displays. The layoffs became known after the company filed WARN notices in the state of California.
https://9to5mac.com/2024/04/04/apple-layoffs-700-workers-car-microled/
"Perhaps it's worse then what they are telling and showing the market."
i think there are a lot of questionable behaviors in our system now
who double checks these numbers
"Perhaps it's worse then what they are telling and showing the market."
Bingo
They are going to take a serious hit with China.
Why are they laying off people if they have $73 Billion of cash on hand? The only reason they could not repurpose the current employees is if they do not have any new projects or any profitable future project lined up. Perhaps it's worse then what they are telling and showing the market.