Apple may lay off about 700 employees after canceling plans for Apple Car to compete with Tesla

Apple has confirmed significant layoffs affecting more than 700 employees, a move attributed to the cancellation of the Apple Car program and a re-evaluation of its internal Micro-LED display project. The news comes after California filed a warning notice, revealing the company’s restructuring efforts.

Impact on Apple Car and Micro-LED teams

Among the affected projects, Apple decided to cancel the Apple Car project, resulting in layoffs in multiple teams.It is reported that LuxVue Technology, a Micro-LED display specialist acquired by Apple in 2014, is laying off employees, reflecting a change in the company’s display technology strategy. 9to5mac.

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There are reports that Apple has stopped developing Micro-LED displays for the Apple Watch due to production challenges, which has increased the impact of the decision on employees. Difficulties in scaling up production reportedly influenced the company’s strategic focus of abandoning the move.

Siri data operations office closed

In addition, layoffs in San Diego total more than 120 jobs and are related to the closure of Siri’s data operations office earlier this year. The office played a key role in refining Siri functionality and improving accuracy, consistent with Apple’s ongoing efforts to streamline operations.

In response to the closures, Apple is offering relocation packages to affected employees, demonstrating its commitment to supporting workforce transformation. However, the scale of the layoffs highlights the scale of organizational change brought about by the termination of key projects.

The cancellation of the Apple Car project, known internally as Titan, marks a major setback for Apple’s car ambitions. Despite years of investment and development, challenges in the competitive automotive sector prompted the company to abandon its plans, leading to layoffs in the teams involved.

While these layoffs reflect Apple’s strategic realignment and refocusing of resources, they also highlight the unpredictability of technological innovation. As Apple deals with these changes, it remains to be seen how the company will reallocate resources and redefine its strategic priorities in the evolving technology landscape.

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