https://www.livemint.com/companies/news/how-apple-has-so-far-avoided-layoffs-11674362598525.html
Hardware companies rely on cheap labor. Apple does the same. They outsourced apple productions to China. When it has become expensive there, moved the production to India. Historically, hardware (consumer focus) business is very risky, hence have to keep large cash. It will go out of business from phone. May be they invest in cars or space travel. You know how much hardware companies pay.
lol, we aren’t talking about Foxconn. You don’t know what you’re talking about.
Hey Mr Hat, I’ve always wanted to know— why not “Mr. 🎩 Hat” ? It would read better: “Mr Top Hat”. Thoughts?
LOL wait till that layoff email hits the most prestigious focused employees with zero notice. No company is different guys. We just saw this happening over and over again in what were known as the top/mediocre/trash employers. This is all just a gimmick to appease the market and investors and make a statement
Its just like when everyone said theres no way Microsoft will do layoffs
When the CEO take a 40% pay cut and you think there aren’t layoffs coming lol
apple is primary a hardware company. during covid, apple needed more chinese sweat shops not apple workers
By that measure, software companies didn’t need any workers. Your software is already in the market right ?
They spent more resources to build for COVID support. Ms team just changed over night.cannot say the same for apple. Probably get more people to Wuhan factory .
Layoffs come when least expected.
Anyone at apple willing to refer me to a PgM role ?
A company sitting on billions of cash doesn’t save by eliminating free lunch, but maybe with cautious hiring. Regardless, stop worshipping companies. Anything can happen anytime like this clown was blindfolded.
It’s idiots like this who have led to a bad culture in the tech industry. Hope we walk away from this learning that work is just work and nothing else. No culture bs from now on, hopefully
Tell Netflix to shove the culture book up their own…
Apple had profits of almost 100B last year. Feeding all their employees will not cost more than a billion a year. The reason Apple doesn’t do free lunches is because of the management culture. Not because of finances.
wait till they announce layoffs
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Apple has something that no other big tech company has -- extreme focus. They identify promising products, and go all in on them. Rather than trying to throw shit at the wall and see what sticks.
Tf you’re talking about?, they haven’t created any new products since Steve passed away.
That and slave labor