Small layoffs and budget cuts are hitting Apple, with more expected

New Apple CEO John Ternus is reportedly planning layoffs ranging from small-scale ones in large teams, but also cancelling projects.
John Ternus at the "Ted Lasso" launch - image credit: Reuters
Apple has recently laid off some staff from Apple Vision Pro development, but a new report says that employees across the company are expecting more serious numbers of redundancies to come. According to Bloomberg, it's a result of new CEO Ternus aiming to cut costs and focus on developing fewer products.