Apple lays off 100 recruiters: What CEO Tim Cook said on hiring – Times of India

Apple lays off 100 recruiters: What CEO Tim Cook said on hiring – Times of India

Apple has reportedly sacked around 100 contractor recruiters in the last few days. According to a report in Bloomberg, Apple laid off many of its contract-based recruiters in the past week, part of a push to rein in the tech giant’s hiring and spending. The report quotes people with knowledge of the matter. “About 100 contract workers were let go in a rare move for the world’s most valuable company, said the people, who asked not to be identified because the situation is private. The recruiters were responsible for hiring new employees for Apple, and the cuts underscore that a slowdown is underway at the company,” said the report.
Recently another report in Bloomberg claimed that Apple has big changes planned for the year 2023 as the company wants to slow hiring and spending for some teams starting next year. The report, however, added that not all people will be affected, but the Cupertino giant will not backfill roles or add new employees in certain cases.

CEO Tim Cook on hiring
The slow pace of hiring was confirmed by Apple CEO Tim Cook during the last month’s earnings call. “We believe in investing through the downturn, and so we’ll continue to hire people and invest in areas, but we are being more deliberate in doing so in recognition of the realities of the environment,” Cook had said.
Apple job cuts: Second time in a decade
This is the second time in the past decade that Apple has cut jobs. A move termed rare by industry and analysts. In April 2016, the company sacked all of its contract recruiters. Aside from laying off all contract recruiters, Apple reportedly also reduced the number of full-time recruiters on staff.
Two weeks pay for terminated workers
Terminated contractors were reportedly told that they would receive pay and medical benefits for two weeks. The report further adds that employee badges were disabled and workers were told that they would need to email a list of their belongings if they wanted those items to be returned.

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