Skip to main content

Share story

Products

Apple cuts hardware program managers amid broader restructuring plans

Apple cuts hardware program managers amid broader restructuring plans Image: Primary
Apple has dismissed a number of engineering program managers in its hardware division over the past two weeks, Bloomberg reported, as chief executive John Ternus pursues a leaner organization. The cuts include roughly half a dozen directors. Affected employees have weeks to find other positions within Apple before facing layoffs later this year. The report says Ternus also wants to release products more frequently and reduce management layers between engineers and senior executives. Those broader changes are plans; the reported dismissals are the action already taken. The program managers had coordinated schedules and work across hardware teams.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from 9to5Mac and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Infrastructure
Infrastructure

GlobalFoundries starts construction of Japan-funded New York chip fab

GlobalFoundries says it broke ground November 13 on a new semiconductor factory in Malta, New York, starting construction of the first of two planned fabs under a U.S.-Japan initiative providing up to $21 billion in funding.

Capital
Capital

VectorY raises €74.5 million to advance ALS therapy trial

VectorY Therapeutics has raised €74.5 million ($83.5 million) to advance its experimental therapies for neurodegenerative diseases. New investors include Angelini Ventures, Invest-NL and the European Investment Bank, alongside returning backers.

Capital AI
Capital AI

ValkaAI extends pre-seed funding round to €13 million

Czech startup ValkaAI has extended its pre-seed funding round to €13 million, with backing from Look AI Ventures and ff Venture Capital. The company announced €12 million in initial external funding in February 2026.