Apple is freezing hiring, cutting budgets, claims new report
A report claiming to be based on multiple sources within Apple, says that the company is drastically cutting its budget for hiring staff, despite Tim Cook's denial.
Apple has previously been rumored to be reducing recruitment, and is known to have cut some contract staff. But Tim Cook has said that Apple is not slowing hiring, it is just being "more deliberate" about recruitment.
Now, however, Business Insider claims to have information of "high-level" conversations within Apple, which show a conscious hiring freeze. Reportedly, existing staff have been told that there will be no further recruitment for at least many months, perhaps until the end of Apple's fiscal year in September 2023.
Apple's Jobs page still features very many positions, but according to one of Business Insider's reported three sources, Apple has designated "no budget" for recruitment.
An Apple spokesperson issued a statement to the publication, denying the claims and repeating Tim Cook's previous comments on the issue.
"We are continuing to hire but given the economic environment we're taking a very deliberate approach in some parts of the business," said the spokesperson. "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 enable us to continue fueling innovation for the long term."
Read on AppleInsider
Apple has previously been rumored to be reducing recruitment, and is known to have cut some contract staff. But Tim Cook has said that Apple is not slowing hiring, it is just being "more deliberate" about recruitment.
Now, however, Business Insider claims to have information of "high-level" conversations within Apple, which show a conscious hiring freeze. Reportedly, existing staff have been told that there will be no further recruitment for at least many months, perhaps until the end of Apple's fiscal year in September 2023.
Apple's Jobs page still features very many positions, but according to one of Business Insider's reported three sources, Apple has designated "no budget" for recruitment.
An Apple spokesperson issued a statement to the publication, denying the claims and repeating Tim Cook's previous comments on the issue.
"We are continuing to hire but given the economic environment we're taking a very deliberate approach in some parts of the business," said the spokesperson. "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 enable us to continue fueling innovation for the long term."
Read on AppleInsider
Comments
A hiring freeze for a company the size of Apple basically means they don't want to grow head count very fast. There are hundreds to thousands of employees leaving Apple and and being hired by Apple in any given year. Even if they don't lay off anyone, they still have to hire people to replace people who retire, people who go to other companies, etc. They probably are going to hire thousands even if they had a hiring "freeze".
“Focusing is about saying ‘no,‘”. “You’ve got to say ‘no, no, no’ and when you say ‘no,’ you piss off people.”
Towson store workers concludes
Let’s form a second Union with the Aerospace workers!
Apple can by selective in the face of a market glute
Keep those failures away from Apple please. We need a PROFITABLE Apple.
I find it rather odd that so many pundits are jumping on the panic train now. Any company can look like a superstar during the good times. But real superstars are the ones who get through the tougher times fully intact and with as little damage as possible. Last quarter while the PC and smartphone market was wallowing a bit Apple somehow managed to more than hold their own. This wasn’t by accident.