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Yhn BusinessFinance first seen 1 d ago, last 8 min ago, peak #6

Apple reportedly planning layoffs as memory chip costs climb

Original: Apple CEO John Ternus is reportedly planning layoffs as memory chip costs rise

Reports say Apple's chief executive John Ternus is preparing job cuts as the cost of memory chips continues to rise. The story suggests the company is trying to offset growing component expenses through workforce reductions. Details on the scale or timing of the layoffs, and how directly they are tied to chip prices, have not been confirmed.

Why now: Rising memory chip costs are squeezing hardware makers, and a reported layoff plan at Apple signals how far the impact may reach.

AppleJohn Ternus

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