Apple Inc laid off more than 600 employees in California as part of the decisions to end its car and smartwatch display projects, according to filings with the California Employment Development Department. Under California law, companies must give employees and state representatives a 60-day notice before a mass layoff event.According to a report in Bloomberg,…
Apple ecosystem the biggest blue-collar job creator for India! Since the launch of the Production-Linked Incentive (PLI) scheme for smartphones in August 2021, the Apple ecosystem has emerged as a major job creator in India. Directly employing over 150,000 individuals, it stands as the largest blue-collar employer in the country.Government officials and experts told ET…
India smartwatch shipments grew 21% year-on-year YoY in the third quarter Q3 of 2023 (Q3 2023) with the market share of domestic manufacturing reaching the highest ever at 82% compared to 4% a year ago, a report said. According to a report by Counterpoint Research, the growth in shipments was driven by high inventory build-up…
