It is stated that Apple will reduce hiring and some expenditures within the company for the following year.
Apple has joined the US technology giants that have recently made cautious plans in employment. According to news, the company plans to slow down hiring and cut spending to combat a possible recession next year.
Sources told Bloomberg that the decision was driven by the company’s need to be more cautious during uncertain times and that it is not a company-wide policy at this stage. It was stated that the decision in question would not affect all teams in the company.
In the company’s previous plans, some teams were expected to be increased by 5-10 percent. Apple also plans to review hiring for some vacancies. While technology companies such as Google and Microsoft were making similar plans, layoffs had begun at the electric car manufacturer Tesla. Tesla has fired hundreds of workers as it shuts down an electric vehicle manufacturing facility in California.
