Apple is reportedly cutting hundreds of jobs from Siri, Vision Pro teams
Apple has admitted that some roles are being impacted as it shifts its focus away from certain initiatives. Apple is chopping down the team behind the Vision Pro, its long-suffering VR headset , while eliminating positions across a number of other teams, Bloomberg reported . Over 200 positions, all told, have been cut, sources told Bloomberg, with around 100 from the Vision Pro team. The other 100 have impacted the team behind Siri and another called Intelligent Systems Experience, which focuses on the integration of AI into devices.
Sources say the company is reshuffling to focus on its newer AI efforts and new devices. Apple confirmed the cuts to Bloomberg, saying it was looking โto evolve our business to deliver the best experiences for our users.โ It added: โWhile we will create new roles as part of this change, it will also impact a limited number of existing roles.โ Tech Crunch reached out to Apple for more information. Apple is currently enduring a bumpy period of transition. The company is attempting to fix its position in AI โ while a memory shortage spurred by the AI buildout has also driven up the cost of producing its flagship products.
Apple raised prices on Macs and i Pads earlier this summer, and the company recently introduced a leasing plan for all of its major hardware products โ an effort to bring in a broader array of customers as it offsets new costs. The company is also currently suing OpenAI , which it has accused of trade theft. In less than 48 hours, your chance to save up to $300 on your tickets will end!
โก Effects Interpreter
๐World Economy
- โถMarkets around the world might take their cue from how this story unfolds.
- โถTrade and investment between countries could shift a little if things escalate.
๐๏ธLocal Economy
- โถThe high street usually mirrors big-picture shifts, just a little later.
- โถHousehold budgets might notice a small ripple before too long.
๐ฆRates & Banks
- โถSavers might glance at their account rate โ lenders adjust after big events.
- โถAny move in rates would probably come later, not overnight.
โค๏ธHealth
- โถLooking after mental health is worth it when headlines feel heavy.
- โถThe strain, if any, tends to show up gradually in everyday life.
๐ทWealth
- โถYour pension or investments might sway a touch as markets digest this.
- โถSavings and portfolios can see short-lived ups and downs after a story like this.
๐ Housing
- โถHome costs usually respond later, once the bigger picture settles.
- โถFirst-time buyers might keep half an eye on mortgage rates after this.