While tech giants like Amazon, Google, and Meta have laid off thousands of employees recently, Apple has avoided doing so. In a new interview with the Wall Street Journal, Apple CEO Tim Cook acknowledged this and said that he views layoffs as a “last resort kind of thing.”
Tim Cook on Apple layoffs
Cook acknowledged that Apple has made changes to its spending and hiring plans due to broader economic conditions. The company, for instance, is “managing costs very tightly and is curtailing hiring in certain areas, while continuing to hire in others.”
