Apple to overhaul with leaner structure and more products, reports say
Apple, under new CEO John Ternus, plans a leaner organization, faster product cadence, and more launches, including AirPods with cameras, smart glasses, and a redesigned iPhone for the 20th anniversary. The restructuring may cut middle-management and some engineering roles, with cost-cutting as services growth slows, per Bloomberg reports. Some plans could involve accelerating product cadence and reorganizing R&D while tightening budgets.
economy36 min ago