Apple layoffs are a sign Tim Cook is getting a little more serious
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Apple has laid off over 600 employees in California, including those involved in expensive research-and-development projects. The layoffs signal that Apple's CEO, Tim Cook, is making the company more focused amidst several challenges. These challenges include declining iPhone sales, particularly in China, legal battles in the US and the European Union, and criticism of its Vision Pro headset. Cook is facing perhaps his biggest challenge since becoming CEO in 2011.

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https://www.businessinsider.com/apple-layoffs-tim-cook-getting-serious-challenges-car-china-iphone-2024-4