Apple slows hiring, spending growth on some teams next year: Report
Bloomberg reported on Monday, citing people with knowledge of the matter, that Apple intends to slow down spending and hiring growth next year in some units in response to the coronavirus pandemic. potential economic downturn.
The changes will not affect all groups and Apple still planning an aggressive product launch schedule in 2023 that includes mixed reality headsets, its first major new category since 2015, report speak.
The company’s shares, which did not immediately respond to Reuters’ request for comment, reversed course to trade down nearly one percent at $148.95 (nearly Rs 11,900).
Apple is the latest company to plan to slow down recruitment, entry Meta . Platform, Tesla and some US banks as they prepare for a potential recession.
In the first day of this month, Facebook-owner Meta Platforms cuts engineer hiring plans by at least 30% this year, CEO Mark Zuckerberg told employees, as he warned them to prepare for a deep recession.
“If I had to bet, I’d say this could be one of the worst recessions we’ve seen in recent history,” Zuckerberg told workers during an employee Q&A session. weekly members, Reuters said.
According to Zuckerberg, Meta has reduced its goal of recruiting engineers by 2022 to about 6,000-7,000 people, down from its original plan to hire about 10,000 new engineers.
The company confirmed the hiring halt in multiple terms last month, but exact figures have not been previously reported.
In addition to reducing hiring, he said, the company has left certain positions in place to respond to attrition and “heated up” on performance management to weed out employees who can’t meet goals. more positive.
© Thomson Reuters 2022