cut budget and freeze hiring

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cut budget and freeze hiring

budget, Cut, Freeze, hiring

Apple won’t be hiring any more employees until next fiscal year, at least that’s what insider reports have mentioned.

Several months ago already during which the specialized media indicate that the world is in an economic recession due to the subsequent effects of the pandemic, in addition to the global uncertainty in which powers such as the United States of America are immersed. This caused companies to start with their contingency plans.

Apple will not be outdone, since several sources indicate that those of Cupertino are preparing a contingency plan in the face of a possible economic crisisbecause it would cut budgets and freeze the hiring of new talent.

Apple’s plan for the economic crisis

The 9to5Mac website mentioned that there are already various sources those who agree that Apple is preparing a containment plan in view of a possible new recession. The first report cited by the web comes from an insider, who mentions that Apple’s plan would remain in effect until the end of 2023.

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Apple is preparing a plan to solve the economic crisis

A person familiar with several high-level conversations within Apple agreed that hiring new employees is on hold due to the company’s budget cut next year. Senior leaders and employees have already been told that “budgets are being reviewed.”

9to5mac too quoted a report from trade journal Bloombergwhich mentions that Apple has made layoffs in its recruitment division, this because the economic slowdown has been greater than expected.

The person, who has first-hand knowledge of internal discussions at the tech giant, said Apple has “no budget” for additional staff for corporate positions in the coming year. The person called the company a hiring “freeze”.

The insider and Bloomberg mentioned that Tim Cook, head of Apple, mentioned that only essential hires would be made and necessary, seen in the long term:

We are still hiring, but given the economic environment, we are taking a very deliberate approach in some parts of the business. We are very confident in Apple’s future and are investing for the long term. We want to be thoughtful and make smart decisions that allow us to continue to drive innovation for the long term.

Apple’s core division has been making headlines all week. In ipadízate we told you that a former Apple employee pleaded guilty to stealing more than 17 million dollars.

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