Apple cuts internal staff for the first time
In recent months, many technology companies in the United States have opted for large-scale layoffs in response to the decline in market demand and the risk of economic recession. Apple is one of the few companies that have managed to buck the trend, maintaining relatively stable revenue growth and having ample cash reserves. Previously, Apple has taken multiple measures to address unknown market risks and the global economic downturn. CEO Tim Cook believes that layoffs are a last resort.
According to reports from Bloomberg, as economic pressure increases, Apple is conducting small-scale layoffs, marking its first layoffs in the technology layoffs wave in recent months. Although there are no exact numbers, the number of affected employees is very small, mainly concentrated in the enterprise retail department. These employees are mainly responsible for the construction and maintenance of Apple stores, and some management personnel has also been affected.
Photo by Julian O’hayon on Unsplash
Apple has notified these employees that they have the opportunity to apply for other similar positions within the company. If they ultimately decide to leave, they will receive a severance payment equivalent to four months’ salary. Previously, Apple had chosen to postpone the distribution of bonuses to some employees and delay some projects and hiring to cope with the slowing economic growth. CEO Tim Cook even took a 40% pay cut.
Although Apple has been very cautious, it seems inevitable that it will also join the layoff trend. Of course, compared to the large-scale layoffs of other technology companies, the scale of Apple’s layoffs is very small, with only a very small part of the entire team. Some industry insiders have said that if Apple ultimately decides to lay off employees, the global economic situation is even worse than people fear.
