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@voodoo the WARN notices are out, resolves YES https://www.cnbc.com/2024/04/04/apple-lays-off-over-600-employees-after-shuttering-car-project.html

I’m still tracking to see if this happens. To the best of my knowledge, 1400 were reportedly working on the car project and were given 90 days to find other roles. So this may be a while.

Sold my shares.

https://www.macrumors.com/2024/03/01/kuo-says-microled-apple-watch-ultra-canceled/

Kuo described the cancellation as a "major setback" for Apple, and he said many employees involved with microLED development have been laid off.

@Bart5f6d This reads like layoffs at the supplier not Apple.

They are laying people off as part of eliminating electric car project https://techcrunch.com/2024/02/27/apple-cancels-electric-car-project-titan/amp/

@tr Will wait for confirmation of this with numbers. If it does happen it’ll usually show up on Tech crunch or here:

https://layoffs.fyi/

@tr I heard they are reassigning them to he AI project and other skunkworks projects.

@esusatyo Yeah that’s the counter argument. Although if all of this is true there is probably a good number of people with non transferable skills.

Mass layoff or regular layoff? How many people needs to be fired for this to resolve Yes?

@esusatyo 100+