Bloomberg · Mark Gurman ·

Apple cut some engineers' daily AI spending cap to $200 from $300 and plans cuts to as little as $100, as cost cutting stokes staff fears of layoffs

Apple Inc. is reducing employee budgets for artificial intelligence usage as part of a cost-cutting effort, even as the company seeks …

In this story Apple

Apple cut some engineers' daily AI spending cap to $200 from $300 and plans cuts to as little as $100, as cost cutting stokes staff fears of layoffs

Lead Source

Bloomberg — Apple cut some engineers' daily AI spending cap to $200 from $300 and plans cuts to as little as $100, as cost cutting stokes staff fears of layoffs ↗

How this story grew

Coverage · 0 Discussion · 0

Nov 4Nov 6

More

TechCrunch: TechCrunch

ITPro: ITPro

Macworld: Macworld

The Ankler: The Ankler

The Decoder: The Decoder

Times of India: Times of India

Related stories

Nikkei Asia: Apple told some suppliers to cut iPhone 18 Pro and Pro Max component production by 15% to 20% as higher memory costs pushed up prices, hurting demand

MacRumors: Mark Gurman: Apple considered replacing ~5,000 AppleCare customer service workers with AI-powered agents, but it has put those plans on hold indefinitely

Reuters: Dropbox plans to cut ~6% of its staff, or ~200 jobs, costing $27M to $33M in severance and related costs, and says CTO Ali Dasdan will step down on November 18

9to5Mac: Gurman: as part of Vision Pro cuts, Apple is largely shutting down a team focused on gaming and reducing the size of a unit producing immersive video content

Reuters: Google says it expanded voluntary exit buyouts in June to employees across Canada, France, Germany, Japan, and Switzerland to manage costs amid huge AI spending

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif