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Apple's new CEO John Ternus pushes for a leaner organization and faster product iteration

PANews September 29 reports, citing Bloomberg, that Apple's new CEO John Ternus is pushing a series of adjustments to accelerate product development, streamline the organization, and strengthen engineering leadership. Ternus plans to reduce the focus on launching new products only in spring and fall and instead introduce devices more frequently throughout the year, including AirPods with cameras, the first smart glasses, and a new model launched for the iPhone 20 anniversary. He is cutting some middle-management positions, and the hardware engineering department has begun eliminating engineering project manager (EPM) positions while tightening investment in projects viewed as non-core, such as Siri, Vision Pro, and some AI software teams. Ternus is also exploring with the executive team ways to increase revenue through new services and monetization of existing products, while advancing cost controls, including a freeze on...

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