Apple Pauses Hiring in Escalation of Cost Cuts | 04 November 2022 | Daily Morning Note
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English - November 04, 2022 01:12 - 6 minutes - 6.4 MBInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Apple has paused hiring for many jobs outside of research and development. The company took the step last month, ahead of a quarterly earnings report where it said that growth would slow in the holiday period. Apple joins other tech giants in tapping the brakes on hiring, a response to sluggish consumer spending and higher interest rates.
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