Here is how Apple is avoiding layoffs

Updated : Mar 27, 2023 15:14
|
Editorji News Desk

Analyst Mark Gurman claims that in order to avoid mass layoffs, Apple is delaying bonuses and postponing projects, while reining in budgets, limiting hiring, and pausing employee transfers between departments.

It has also reduced travel budgets, with senior executive approval necessary for trips, and is cracking down on office attendance.

The company has reportedly shelved plans for new home devices, including a HomePod with a screen, until next year at the earliest.

Gurman believes Apple executives are trying to cut costs to avoid layoffs, which could signal a strategic error or a worsening global economy.

Apple

Recommended For You

Realme 15 Pro Review ft. OnePlus Nord CE 5 & Nothing Phone 3a: One mid-ranger to rule them all!
editorji | Tech

Realme 15 Pro Review ft. OnePlus Nord CE 5 & Nothing Phone 3a: One mid-ranger to rule them all!

iQOO Z10R Review in 5 Simple Points: What You Need to Know
editorji | Tech

iQOO Z10R Review in 5 Simple Points: What You Need to Know

editorji | Tech

Infinix Hot 60 5G+ Review: Smart, Fast, and Surprisingly Polished

editorji | Tech

Oppo Reno14 Series is tailor-made for creators on the go. Here’s why

editorji | Tech

Samsung Galaxy Z Fold 7 Review: Slimmer, lighter, better in (almost) every way