Report: Apple to Slow Hiring and Spending for Some Parts of Company

19 JULY 2022 - No news of layoffs, though there’s word this week that Apple is slowing hiring and spending for parts of its business. Mark Gurman, Bloomberg’s guy in the know, say secret peeps have told him the moves are being made “to cope with a potential economic downturn…” According to the report:

The decision stems from a move to be more careful during uncertain times, though it isn’t a companywide policy, said the people, who asked not to be identified because the deliberations are private. The changes won’t affect all teams, and Apple is still planning an aggressive product launch schedule in 2023 that includes a mixed-reality headset, its first major new category since 2015.

The report says the slowdown in spending will not affect planned pay increases for retail and tech-support staff. Apple declined to comment for the  Bloomberg piece.