https://www.live-feeds.com/feed/new-apple-ceo-john-ternus-is-reportedly-planning-layoffs-as-memory-chip-costs-riseContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/new-apple-ceo-john-ternus-is-reportedly-planning-layoffs-as-memory-chip-costs-risehttps://www.live-feeds.com/feed/new-apple-ceo-john-ternus-is-reportedly-planning-layoffs-as-memory-chip-costs-rise#u104421Mon, 05 Oct 2026 23:55:30 +0000Apple CEO John Ternus is implementing targeted layoffs and canceling early-stage projects to offset soaring memory chip costs. Reductions include middle management and engineering project managers as DRAM and NAND prices rise due to AI server demand. Analysts estimate memory now exceeds one third of the iPhone 18 Pro bill of materials. Ternus is simultaneously pushing for an engineering-led overhaul to make the company run leaner and launch products more frequently. These defensive cuts come as high-margin services revenue shows signs of softening, compounding pressure on profit margins.Why it