Business Standard

Tuesday, December 24, 2024 | 08:13 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Apple lays off recruiters in a push to rein in hiring and spending

About 100 contract workers were let go in a rare move for Apple, the world's most valuable company

Apple office aerial view
Premium

(Photo: Bloomberg)

Mark Gurman | Bloomberg
Apple Inc. 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, according to 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.

Workers laid off were told the cuts were made due to changes in

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in