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Title: Tim Cook Says Apple Still Not Considering 'Mass Layoffs' Post by: HCK on May 08, 2023, 04:05:05 pm Tim Cook Says Apple Still Not Considering 'Mass Layoffs'
Apple CEO Tim Cook today said he still views mass layoffs as a "last resort," and ensured this is not something the company is considering right now. (https://images.macrumors.com/article-new/2023/05/Tim-Cook-MacBook-16x9.jpeg) "I view that as a last resort and, so, mass layoffs is not something that we're talking about at this moment," said Cook, in an interview with CNBC (https://www.cnbc.com/2023/05/04/apple-aapl-earnings-report-q2-2023.html). Major tech companies like Google and Facebook parent Meta have laid off tens of thousands of employees in recent months amid economic uncertainty, after aggressively hiring during the COVID-19 pandemic. Apple has not made any mass layoffs of full-time employees, but the company has reportedly laid off some corporate employees within its retail teams (https://www.macrumors.com/2023/04/03/apple-corporate-retail-employee-layoffs/), let go of some contracted recruiters (https://www.bloomberg.com/news/articles/2022-08-16/apple-lays-off-recruiters-as-part-of-its-slowdown-in-hiring), and stopped hiring for some roles (https://www.macrumors.com/2023/03/14/apple-cutting-costs-hiring-freeze-bonus-delay/). In a regulatory filing last year, Apple said it had approximately 164,000 full-time equivalent employees as of September 24, 2022.<div class="linkback">Tags: Tim Cook (https://www.macrumors.com/guide/tim-cook/), Earnings (https://www.macrumors.com/guide/earnings/), AAPL (https://www.macrumors.com/guide/aapl/)</div> This article, "Tim Cook Says Apple Still Not Considering 'Mass Layoffs' (https://www.macrumors.com/2023/05/04/tim-cook-says-apple-not-considering-mass-layoffs/)" first appeared on MacRumors.com (https://www.macrumors.com) Discuss this article (https://forums.macrumors.com/threads/tim-cook-says-apple-still-not-considering-mass-layoffs.2388688/) in our forums Source: Tim Cook Says Apple Still Not Considering 'Mass Layoffs' (https://www.macrumors.com/2023/05/04/tim-cook-says-apple-not-considering-mass-layoffs/) |