Apple may fire around 700 employees after cancelling Apple Car plans to compete with Tesla

Apple has announced layoffs affecting over 700 employees, attributed to the cancellation of the Apple Car project and a reassessment of its in-house Micro-LED display initiative.

source https://tech.hindustantimes.com/tech/news/big-tech-forms-a-group-to-investigate-the-effects-of-ai-on-tech-jobs-71712332844278.html
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