Fruity cargo cult Apple is slowing down hiring and spending next year and is blaming the economic downturn for punters no longer wanting its shiny over priced goods.
Apple said the move will not impact all teams and is not a company-wide policy and Jobs’ Mob is still planning an “aggressive” product launch schedule in 2023. It just wants to do it on the cheap with as few staff as possible to maximise profits.
The company, which invented the rounded rectangle, is cutting back on research and development, we guess it is because it has invented everything already.
It also plans to not fill roles of departing employees for some groups.
Apple is just one of a number of vendors to take steps to reduce expenditure in certain areas. Microsoft last week said it would cut some jobs but insisted it would still grow its headcount overall over the next year and that the decision was not taken due to current economic challenges.
Bloomberg also reported last week that Google CEO Sundar Pichai told staff in an email that the company planned to slow hiring for the remainder of 2022.
