It looks like the Apple Car project has left more than one hole in the company. The plan to produce an electric and autonomous car is believed to combine more 2000 employees focused on development, who had to find a new path after the cancellation. In accordance with BloombergApple offered 90 days to apply for another position in its infrastructure.
Almost all of them except about 600, were transferred to the company’s artificial intelligence project. Others face mass layoff, which has already been reported internally. California law requires a company to announce such mass actions 60 days in advance, so it’s already public.
The cancellation of the Apple Car was a contentious issue within the company, a decision made suddenly and in the final days of negotiations. As a result, Apple faces not only an economic hole, but also departure of hundreds of talents.
Apple Car experts take to the streets
This number is no coincidence, Apple dismissal of employees specializing in the automotive sector. Moving them internally now that the self-driving car has been cancelled, doesn’t make sense. According to the source, many of them They have no experience outside of the auto industry..
Currently, big plans in Cupertino include robotics, artificial intelligence and the Apple Vision Pro mixed reality ecosystem.
$10,000,000,000 ticket.
The other hole has a slightly larger and more disturbing figure. The total cost of the Apple Car project is estimated to be around 10 billion dollars. The plan has been in place within the company for more than 10 years, so this amount will include research, employees, infrastructure, the purchase of any specialized company, etc.
But that’s not all, since to this closeness and cost you need to add the downtime of microLED panels. Last month, Apple said enough about another giant project that began in 2014 with the purchase LuxVue microLED. Of the 600 laid off, 87 worked at Apple’s secret facility developing a new generation panel.
The decision rejects the possibility of producing microLED displays, but not their future use with external suppliers. Apple intends for these panels to be present on the Apple Watch Ultra and future iPhones, but Now they will have to be purchased to replace those produced.
Source: Hiper Textual
I’m Ben Stock, a highly experienced and passionate journalist with a career in the news industry spanning more than 10 years. I specialize in writing content for websites, including researching and interviewing sources to produce engaging articles. My current role is as an author at Gadget Onus, where I mainly cover the mobile section.
