Apple is reportedly planning to cut back on hiring as iPhone sales weaken

Apple is reportedly planning to cut back on hiring as iPhone sales weaken

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/01/16/apple-reportedly-plans-to-cut-back-on-hiring-as-iphone-sales-weaken.html

Apple will slow hiring for some divisions amid disappointing iPhone sales, Bloomberg reported Wednesday, citing people familiar with the matter.

The sources told Bloomberg that CEO Tim Cook told employees about the slowdown a day after he sent a letter to investors warning of lackluster sales, particularly in China. Cook has not yet decided which divisions would be affected by the hiring drop-off, Bloomberg reported.