Apple is the only tech giant that still hasn't announced layoffs — these charts may explain why
Publishing timestamp: 2023-01-18 17:21:42
Summary
Many of the biggest technology companies are laying off staff due to fears of recession, but this comes after a few years of rapid expansion. Microsoft, Amazon, Alphabet, and Meta have all cut staff in recent months. The companies are blaming macroeconomic conditions and the possibility of a future recession for their belt-tightening. Apple is an exception, as it did not significantly increase its rate of hiring over the last two years and has not announced any layoffs.
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Keywords: tim cook, apple inc, microsoft corp, tesla inc, salesforce inc, mobile, meta platforms inc, netflix inc, alphabet class a, business news, business, technology, breaking news: technology, amazon.com inc, satya nadella,