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Apple is now cutting a lot of jobs


Like Microsoft, Tesla, and other significant IT businesses, Apple has resisted making job cuts in the wake of the economic slump, but it appears that pressure is still building. In order to account for changes in the firm’s “existing business demands,” according to Bloomberg sources, Apple has let go of about 100 contract recruiters. Although it continues to employ some contractors and full-time recruiters, the layoffs involved employees from Texas to Singapore.

The business opted not to comment. CEO Tim Cook stated that despite the challenging environment, Apple will continue to hire employees while being “more deliberate.” Because of privacy concerns with Siri recording, it terminated hundreds of Irish contract employees in 2019 and dismissed Apple Park construction partners in 2015.

Given that Apple had a rocky quarter this spring, the move is hardly shocking. Despite an increase in iPhone revenue, a weak economy hurt sales of the Apple Watch or smart homes. Supply issues also impacted the sales of the iPad and Mac. Apple nevertheless reported a $19.4 billion profit, so the company isn’t in dire straits, but growth has slowed from past years. If the job report is true, the company is adjusting to a world where continually rising sales aren’t a given.

Apple is now cutting a lot of jobs

Apple is now cutting a lot of jobs


Like Microsoft, Tesla, and other significant IT businesses, Apple has resisted making job cuts in the wake of the economic slump, but it appears that pressure is still building. In order to account for changes in the firm’s “existing business demands,” according to Bloomberg sources, Apple has let go of about 100 contract recruiters. Although it continues to employ some contractors and full-time recruiters, the layoffs involved employees from Texas to Singapore.

The business opted not to comment. CEO Tim Cook stated that despite the challenging environment, Apple will continue to hire employees while being “more deliberate.” Because of privacy concerns with Siri recording, it terminated hundreds of Irish contract employees in 2019 and dismissed Apple Park construction partners in 2015.

Given that Apple had a rocky quarter this spring, the move is hardly shocking. Despite an increase in iPhone revenue, a weak economy hurt sales of the Apple Watch or smart homes. Supply issues also impacted the sales of the iPad and Mac. Apple nevertheless reported a $19.4 billion profit, so the company isn’t in dire straits, but growth has slowed from past years. If the job report is true, the company is adjusting to a world where continually rising sales aren’t a given.

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