The Pause in Hiring Took Place Outside of Research and Development Roles at Apple
A report published by Bloomberg earlier talked about how Apple would reduce the pace at which it recruits potential employees as it views somewhat of a bleak 2023 from an economic standpoint. Now, as a move to reduce its budget, the company is said to pause hiring, though this decision does not apply to teams working on future devices, which was necessary. Otherwise, it may have impacted the rumored AR headset launch, along with other machines, such as an entire Mac lineup with advanced 3nm SoCs. The decision to freeze hiring will impact corporate functions, standard hardware, and software engineering roles, though Apple can still hire employees under certain conditions, according to the report. In the statement below, the company said that while it is confident in its future, the decisions it is taking are deliberate. Apple recently announced during its earnings call that it generated $90.15 billion in revenue, which is substantial, but other factors really paint the whole picture that the future is not going to be as optimistic. For instance, the technology giant’s Mac revenue is said to see a drop in growth, and low demand for the iPhone 14 and iPhone 14 Plus forced Apple to cut production, which means potentially reduced revenue for the next quarter. News Source: Bloomberg