Apple Slows Down on Hiring – Is the Company Laying Off Recruiters?

Apple appears to be serious that it would be employing a more serious approach to hiring as the company started slowing down in hiring.

As a result, the tech giant is laying off as many as 100 of its recruiters across Apple’s offices in California, Texas, and Singapore, as per MacRumors.

Apple Slows Down on Hiring – Is the Company Laying Off Recruiters?
(Photo : Chip Somodevilla/Getty Images)
TOWSON, MARYLAND – JUNE 20: Customers shop at The Apple Store at the Towson Town Center mall, the first of the company’s retail locations in the U.S. where workers voted over the weekend to unionize, on June 20, 2022 in Towson, Maryland.

Apple Lays Off Recruiters

The recruiters are responsible for finding and reviewing potential new applicants and full-time employees for Apple. The layoff is part a “broader crackdown on hiring and spending,” as per MacRumors.

Accordingly, the laid off recruiters were told that the reason for the layoff is due to a shift in the company’s approach to spending plus a slowdown in hiring.

MacRumors reported that the workers would be given their pay and their benefits for an additional two weeks. In addition, they would be able to have their personal belongings returned from their offices.

Based on reports, the 100 recruiters who were laid off are not full-time Apple employees. They are, in fact, contractors who usually receive less pay and less attractive benefits in comparison to full-time employees.

According to MacRumors, Bloomberg reported last month that Apple would start slowing down its hiring pace.

The reports said that there are big changes planned for 2023 because Apple wants to slow hiring and spending for some teams. While not everyone will be affected, the company is not planning to add new staff in certain cases.

According to 9to5Mac, Bloomberg’s Mark Gurman reported that Apple’s plan comes during a time when the company expects to “cope with a potential economic downturn.”

Apple CEO, Tim Cook, eventually confirmed this. He said that Apple would be “deliberate” in its hiring and investment because of the current economic climate.

“We believe in investing through the downturn, and so we’ll continue to hire people and invest in areas, but we are being more deliberate in doing so in recognition of the realities of the environment,” Cook said in last month’s earnings call.

Apple Has to Deal with “Realities of the Environment”

According to Cook, Apple would continue hiring, but at a slower pace reflecting the “realities” of the environment,” as per 9to5Mac.

The realities that Cook is speaking include high inflation. This led for people to become more cautious when it comes to “discretionary spending.” And for many, Apple’s products fall is included in the discretionary category.

In addition, because of the pandemic a lot of people tend reevaluate their priorities. There is an increase in the number of people taking early retirement. Some people also decided to reduce their working hours in order to have a better work-life balance.

There is also the skyrocketing energy costs in Europe because of the sanctions against Russia. The energy costs in household doubled already and larger rises are expected.

This condition will undoubtedly affect consumers’ spending on electronics, among many other things.

Lastly, according to 9to5Mac, there are areas where demand for Apple’s products remains strong. However, component shortages are affecting Apple’s supply chain, which lead to lost in revenue.

News Related

OTHER NEWS

How One Tech Leads To Another: Albert Putra Purnama Is At The Forefront Of Online Innovation

(Photo : Albert Putra Purnama) Albert Putra Purnama When he was just a child, Albert Putra Purnama’s dad picked him up at school and told him about the impact Bill ... Read more »

Amazon Discounts Echo, Fire TV and More by Up to 59% Ahead of Prime Early Access Sale

This limited-time sale makes Amazon's highly rated devices even more affordable than usual. Grab some today. Read more »

Is Your Android Being Tracked by an AirTag? Here's How to Find Out

This third-party app from Apple will let you know if you're being followed by a rogue AirTag. Read more »

Mitko, Russian Arctic expert, dies at 81 under house arrest

Mitko, Russian Arctic expert, dies at 81 under house arrest Valery Mitko, a renowned Russian polar scientist has died while being under house arrest on charges of treason In this ... Read more »

Web browser app mode can be abused to make desktop phishing pages

A new phishing technique using Chrome’s Application Mode feature allows threat actors to display local login forms that appear as desktop applications, making it easier to steal credentials. The Application ... Read more »

The First All-Electric Maserati GT Packs 760 HP and More

Maserati Maserati recently confirmed its plan to go all-electric in the years ahead, and today, the Italian luxury vehicle maker unveiled more details about its electric GranTurismo Folgore coupe. As ... Read more »

How Do QR Codes Work?

Sasin Paraksa / Shutterstock.com The humble QR code often feels like a trend or an annoyance. But this technology, which is over 25 years old, is much more useful and ... Read more »

Time resolved studies reveal the origin of the unparalleled high efficiency of one nanosecond laser ablation in liquids

(a) Pump-probe microscopy setup for the ablation in water. For the analysis of the ablation process in air, no cuvette is used, otherwise the setup is the same. (b) Image ... Read more »

Tim Cook pans Zuckerberg’s metaverse vision as Apple, Meta feud over VR

Apple CEO Tim Cook panned tech rival Mark Zuckerberg’s vision for the metaverse, calling it too difficult to understand and a misguided approach to virtual reality. “I always think it’s ... Read more »

Pixel Watch price and details leak on Amazon

Google will unveil the Pixel Watch later this week, revealing the price, release date, and all of the wearable’s features. But we don’t have to wait that long for these ... Read more »

How to Prepare for a Personal Injury Lawsuit

Photo : cottonbro If you’ve been injured due to someone else’s negligence, you may be considering filing a personal injury lawsuit. While nobody wants to go through the litigation process, ... Read more »

How to Enable Keyboard Haptic Feedback on iPhone

In iOS 16, Apple has included an option for you to turn on haptic feedback when using the onscreen virtual keyboard. This article explains how to turn it on and ... Read more »

Studying yeast DNA in space may help protect astronauts from cosmic radiation

The atmosphere protects life on Earth from the effects of the Sun’s radiation, but space travel is a different matter. Credit: NASA/SDO Nuclear fusion reactions in the sun are the ... Read more »

Hubble spies a lonely spiral

Credit: ESA/Hubble & NASA, A. Riess et al The NASA/ESA Hubble Space Telescope’s Wide Field Camera 3 imaged this lonely spiral galaxy called UGC 9391. The galaxy resides 130 million ... Read more »

Effect of cation types on electrochromic properties of titanium dioxide nanocrystals

Scientists from Guangxi University revealed the effect of cation types on electrochromic properties of titanium dioxide nanocrystals. Credit: Yi Liang, Guangxi University Electrochromic (EC) devices have been regarded as promising ... Read more »

Hurricane Orlene lashes Mexico's Pacific coast

Boats were brought ashore ahead of the arrival of Hurricane Orlene on Mexico’s Pacific coast. Hurricane Orlene made landfall on Monday on Mexico’s Pacific coast, bringing strong winds, heavy rain ... Read more »

Indigenous food sovereignty requires better and more accurate data collection

In the face of governmental efforts to dismantle Indigenous agricultural economies, Indigenous communities have made important strides toward food sovereignty. Credit: Shutterstock Indigenous communities are increasingly investing in agriculture to ... Read more »

The mysterious Denisovans

This picture from the University of Oxford/Max Planck Institute shows a bone fragment of ‘Denisova 11’, evidence of interbreeding of a Neanderthal and a Denisovan, found in 2012 by Russian ... Read more »

Vodafone, Hutchison in talks to merge UK ops

A tie-up between Vodafone and Three UK would create the biggest player in the UK mobile industry. Vodafone on Monday confirmed it was in talks over merging its UK operations ... Read more »

Svante Paabo, Swedish medicine Nobel-winner follows in father's footsteps

Swedish paleogeneticist Svante Paabo, who has won the Nobel Medicine Prize for sequencing the genome of the Neanderthal. Swedish paleogeneticist Svante Paabo, who won the Nobel Medicine Prize on Monday ... Read more »

How do bacteria evolve in the gut over the course of a year?

Colonization success depends on microbiota diversity and rates of molecular evolution across mice. Credit: Nature Communications (2022). DOI: 10.1038/s41467-022-33412-8 Our bodies go through several changes throughout our lives. The same ... Read more »

Tim Cook downplays the metaverse, saying 'I’m really not sure the average person can tell you what [it] is'

While many tech CEOs are rushing to invest in the metaverse, Apple’s Tim Cook doesn’t seem so sure. Speaking to the Dutch publication Bright last week, Cook said (via Google ... Read more »

The Internet of Things Allow Electronic Devices Like Smartwatches to Function Even Without Battery Through ‘Ambient Energy Harvesters'

Small IoT or Internet of Things devices are fast becoming universal as the said technology allows smart gadgets at home and wearable technologies like smartwatches to communicate, not to mention ... Read more »

Images of DART Impact Show the Differences Between Webb and Hubble

This site may earn affiliate commissions from the links on this page. Terms of use. NASA made history last week when it successfully crashed the DART spacecraft into an asteroid ... Read more »

Everything You Need to Take Better Photos on Your Phone

Aleksandrs Muiznieks/Shutterstock.com Phone cameras are incredible. They’ve got cutting-edge hardware and software and are highly convenient since they’re always on you. But like traditional cameras, they work best with tripods, ... Read more »

Do multimillion-dollar dinosaur auctions erode trust in science?

At the turn of the 20th century, museums started funding excavations to unearth dinosaur bones. Credit: Museum Wales Dinosaurs are in the news these days, but it’s not just for ... Read more »

Native Americans' decades-long struggle for control over sacred lands is making progress

Mauna Kea Observatory, Hawaii, United States. Credit: Unsplash/CC0 Public Domain Who should manage public land that is sacred to Native Americans? That is the question that the United States government ... Read more »

WazirX fires 50-70 employees amid ED probe, dipping trade volume

IANS Indian crypto exchange WazirX fires 50-70 employees Cryptocurrency exchange WazirX fired about 50-70 employees on September 30 amid declining business, people familiar with the matter said.Employees from business development, ... Read more »

Startup of the Week: t2

 t2 was founded in 2021 Mengyao Han. The startup focuses on the curation value users contribute with their attention. t2 is a decentralised world for publishing and reading. Website: https://www.t2.world/ ... Read more »

YouTube Could Hide 4K Videos Behind a Paywall

ElenaR/Shutterstock.com Last year Google added an extra fee for YouTube TV subscribers trying to stream TV in 4K, and now it looks like the company could be ready to do ... Read more »

Black Panther: Wakanda Forever trailer 2 shows the new Black Panther

Marvel released the first emotional Black Panther: Wakanda Forever trailer during Comic-Con in July, giving us a few teasers of what’s to come in the sequel. We haven’t seen any ... Read more »

How to Refresh Software Update on Mac

Occasionally when a user goes to update macOS system software through the Software Update preference panel, they’ll find the updates that are shown are outdated, not showing up at all, ... Read more »

Flying under the radar: Multi-drug-resistant bacteria hides among gut bacteria of asymptomatic human carriers

A 3D representation of the human gut microbiome where CPE and diverse bacteria reside. Credit: A*STAR’s Genome Institute of Singapore Scientists from A*STAR’s Genome Institute of Singapore (GIS) have discovered ... Read more »

A better way to find RNA virus needles in database haystacks

Graphical overview of the pipeline starting with the RNA Virus MetaTranscriptomes (RVMT) database to uncover the expansion in RNA virus diversity. Credit: Simon Roux A zoo once offered a coloring ... Read more »

Internet cable reveals the source of underwater vibrations

Credit: Pixabay/CC0 Public Domain Scientists have harnessed Internet-transmitting fiber-optic cables to overcome a long-standing geophysical challenge: identifying where seismic noise in the ocean originates. Tiny vibrations of Earth called microseisms ... Read more »

A high-performance catalyst that dissolves polyester and realizes chemical recycling

Catalyst development not only for efficient conversion of plant oils (FAEs) to value added chemicals (fine chemicals) and raw materials for polymers, but also for efficient depolymerization (chemical recycling) of ... Read more »

Opinion: Why we need to ban gas in New York State buildings

Credit: Pexels I would never smoke in my apartment, but for my entire adult life I have been polluting my home by cooking and heating with gas. A 2020 report ... Read more »

Success in synthesizing biodegradable plastic materials using sunlight and CO2

Visible light-driven 3-hydroxybutyrate production from acetone and CO2: Utilizing sunlight and biocatalysts, Osaka Metropolitan University scientists synthesized 3-hydroxybutyrate, a biodegradable plastic material, from acetone and CO2. Mimicking natural photosynthesis, the ... Read more »

Flexible solid electrolytes for all-solid-state lithium batteries

Photographs of ultrathin Li6.4La3Zr1.4Ta0.6O12-based film. Credit: Qingya Guo, Ningbo Institute of Materials Technology and Engineering Garnet-type solid electrolytes are attracting great interest due to high ionic conductivity and excellent electrochemical ... Read more »

Uncovering the secrets of materials degradation in a lithium-ion battery

Schematic diagram of KIST battery analysis platform. Credit: Korea Institute of Science and Technology (KIST) Amid global efforts towards carbon neutrality, automakers all over the world are actively engaged in ... Read more »
Breaking thailand news, thai news, thailand news Verified News Story Network