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Yhn BusinessFinance first seen 8 h ago, last 21 min ago, peak #6

Apple CEO John Ternus reportedly plans layoffs as memory costs rise

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

Apple's chief executive John Ternus is reportedly preparing layoffs as the cost of memory chips climbs. The report, picked up by Yahoo Finance, ties potential job cuts to rising component prices squeezing margins. The company has not commented, and details on how many roles could be affected remain unknown.

Why now: Memory chip prices are rising industry-wide, raising concern that Apple may cut jobs to offset costs.

AppleJohn TernusYahoo Finance

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Rank over time, top of the chart is #1. 21 snapshots from 8 h ago to 21 min ago.

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