Finance Machine Learning Engineer Tech Lead

Apple has disclosed its profits and tax payments across individual EU countries for the first time under new transparency rules. The tech giant reported $17.1 billion in income tax paid in Ireland for the financial year ending September 2025, reflecting funds released from an escrow account following a European Court of Justice ruling. In September 2024, Apple lost a legal battle with the European Commission over Irish tax advantages, resulting in a €13 billion ($15.2 billion) back taxes order plus interest. In Germany, Apple recorded pre-tax profit of around $209 million and paid $153.5 million in income tax. Its German operations generated $2.72 billion in revenue and employed 4,089 people. Under EU rules, multinational companies with global annual revenue exceeding €750 million must publicly disclose income tax information for individual countries.

Apple cuts 200 jobs in Vision Pro and Siri teams, shifts focus to AI and smart glasses. 2026-08-21 16:20:43 Key takeaways. * Apple eliminated more than 200 positions across Siri, software engineering, and Vision Pro teams. * Approximately 100 Vision Pro and 100 Siri and Intelligent Systems Experience roles were cut. * Apple is developing AI-enhanced Siri and shifting hardware focus toward smart glasses with updated Vision Pro consideration for late 2028. Apple Inc. (AAPL) is eliminating more than 200 positions across its Siri digital assistant, software engineering, and Vision Pro teams as it redirects focus toward artificial intelligence and future hardware, according to a Bloomberg report. The job cuts affect approximately 100 positions in the Vision Pro division and roughly 100 roles across the Siri voice assistant team and the Intelligent Systems Experience group, which handles AI-driven software capabilities. In a company statement, Apple said the team realignments are aimed at evolving its business operations and noted it will create new positions and offer affected employees transition support and opportunities to apply for alternative internal roles. AAPL stock eased 0.6% on Friday but closed the week 1.2% higher. The restructuring comes as Apple works on an AI-enhanced version of Siri and shifts hardware priorities toward smart glasses. Apple cuts 200 positions across Vision Pro and software teams. Apple cut approximately 200 positions, splitting the layoffs between its Vision Pro group and its software engineering units, including Siri and Intelligent Systems Experience. The company statement confirmed that while certain existing roles are being impacted, Apple will create new positions and offer affected employees transition support and opportunities to apply for alternative internal roles. The tech giant characterized the moves as team realignments aimed at evolving its business operations. Siri undergoes ai-driven architecture overhaul. The restructuring within the Siri and Intelligent Systems Experience divisions comes as Apple works on an updated, AI-enhanced version of its virtual assistant. Bloomberg reported that the next-generation assistant relies on a completely revised technical architecture, which requires specialized skill sets and has prompted software teams to realign to accelerate development. Vision Pro gaming and video production scaled back. The cuts mark a tactical shift for the $3,699 Vision Pro spatial computer, which has struggled to gain widespread consumer adoption due to its premium price and physical weight. Apple is largely dismantling its internal Vision Pro gaming team and downsizing its dedicated immersive video production unit. Producing 3D immersive video content has proven financially challenging, with single episodes costing millions of dollars and requiring multiple production crews. While Apple plans to continue releasing a limited selection of first-party immersive videos, it intends to rely more heavily on third-party creators to build out the ecosystem. Apple shifts hardware focus to smart glasses. Despite the reductions, Apple assured employees that the Vision Pro hardware line and visionOS operating system remain active projects. However, near-term hardware priorities have pivoted toward developing smart glasses that do not require complex 3D gaming or immersive media capabilities. An updated Vision Pro model remains under consideration for potential release as early as late 2028, according to Bloomberg. Retail sentiment on Stocktwits was bearish with low message volumes. AAPL stock has gained 13.5% year-to-date. Faq. What positions did Apple cut in its recent layoffs? Apple cut approximately 200 positions, with about 100 in the Vision Pro division and roughly 100 across the Siri voice assistant team and the Intelligent Systems Experience group, which handles AI-driven software capabilities. Why is Apple restructuring its Siri team? Apple is restructuring the Siri and Intelligent Systems Experience divisions as it works on an updated, AI-enhanced version of its virtual assistant. The next-generation assistant relies on a completely revised technical architecture, which requires specialized skill sets and has prompted software teams to realign to accelerate development. How is Apple changing its Vision Pro strategy? Apple is largely dismantling its internal Vision Pro gaming team and downsizing its dedicated immersive video production unit. The company plans to continue releasing a limited selection of first-party immersive videos but intends to rely more heavily on third-party creators. Near-term hardware priorities have pivoted toward developing smart glasses, with an updated Vision Pro model under consideration for potential release as early as late 2028. Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Meta Platforms CEO Mark Zuckerberg published a letter on 10 August arguing that artificial intelligence should be spread broadly rather than controlled by a handful of companies or governments. Meta announced it will resume releasing open-source AI models and released the open-weight Muse Glimmer model, a 30-billion-parameter system designed to run on a single consumer GPU. Meanwhile, Apple has been testing memory chips from China's CXMT for use in iPhones and MacBooks, according to the Wall Street Journal. The move aims to ease memory supply constraints that have forced Apple to raise prices globally. CXMT is now valued at $520 billion. Meta's strategy could attract developers, though monetisation remains unclear. Apple faces political risks from any Chinese supplier arrangement.