Apple Inc. has conducted its third significant round of layoffs this year, affecting over 600 employees in California. This restructuring follows the termination of its self-driving car and next-generation display projects. The layoffs included 87 employees from a facility focused on advanced screen technologies and 371 from the main car project office in Santa Clara. These cuts mark the end of two major 'moonshot' efforts by Apple, with the car project being scrapped due to executive indecision and escalating costs, and the display program facing engineering and supply chain challenges. Some employees were reassigned, but the majority faced job losses. This move indicates Apple's focus on prioritizing resources and streamlining operations, expected to generate significant cost savings.