Apple has decided to slash hundreds of jobs in Silicon Valley, an ominous disclosure that suggests the tech industry’s staffing cutbacks have yet to run their course in the California’s Bay Area.

The tech titan has revealed plans to chop more than 600 jobs in the South Bay, according to a new official filing with the state Employment Development Department late last week.

Cupertino-based Apple’s job cuts mark the iPhone maker’s first officially disclosed layoffs in the Bay Area since tech companies began to unleash layoffs at an elevated level starting in 2022.

Apple has decided to slash 614 jobs in Santa Clara, the company’s WARN notice with the EDD shows.

The tech company described the layoffs as “permanent,” according to the WARN letter Apple sent to the state’s labor agency.

 J&J makes $13B deal for Shockwave

Johnson & Johnson is pumping more money into heart care with a roughly $13 billion deal for Shockwave Medical, which specializes in technology that helps open clogged arteries.

The health care giant said  that it will spend $335 in cash for each share of Shockwave. The total deal value includes cash acquired.

The deal has already been approved by the boards of directors from both companies.

Founded in 2009, Shockwave focuses on intravascular lithotripsy technology that uses sonic pressure waves to crack calcium lesions in arteries and restore blood flow. It’s similar to a technique used to break up kidney stones.

Shockwave’s technology is used to treat coronary artery and peripheral artery disease.

The company’s revenue jumped 49% last year to $730 million.

The deal comes more than a year after J&J said it would spend $16 billion to buy another cardiovascular technology company, Abiomed.