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Stock impact report

Apple store closure sparks major union backlash amid layoffs [Yahoo! Finance]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: Yahoo! Finance
Its last known layoff was in November 2025, when it reduced some sales positions as part of a restructuring, and they were asked to apply for new roles. Before that, the last major layoff was in 2024, when Apple closed its electric self-driving car project, Project Titan, affecting over 600 employees. But now, in 2026, as Apple prepares to close several retail stores, one shutdown is drawing far more attention than the others. The iPhone maker plans to close its store at Towson Town Center mall in Maryland , effective June 24, 2026. A location that made history in 2022, becoming the first Apple retail store in the United States to be unionized. The closure will impact 78 employees. Apple has also planned closures at Trumbull Mall in Connecticut and North County Mall in California, with employees from those stores expected to continue their roles at nearby Apple retail locations, according to Reuters But workers at the Towson, Md., store say they are not receiving the same Show less Read more
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