Apple laid off more than 60 employees from its Apple Vision Group. This move effectively discontinues the company’s virtual reality development team.
The restructuring shifts focus and resources toward augmented reality and core product enhancements. This decision signals a recalibration of Apple’s long-term growth objectives in the immersive technology market.
John Ternus will succeed Tim Cook as CEO on September 1st. Ternus reportedly intends to put the VR category on ice for the time being.