Apple plans to slow hiring and spending next year in some divisions due to potential economic downturn, according to Bloomberg’s Mark Gurman. The report claims the decision is not a companywide policy and will not affect all teams within Apple.
Apple is still planning an “aggressive” schedule of product launches in 2023, including a widely rumored AR/VR headset, according to Gurman. The report does not provide further details about exact reductions to hiring or spending that are planned, with readers directed to the Bloomberg Terminal for additional information.
Apple’s alleged plans to slow hiring and spending in 2023 comes amid especially uncertain times, with the COVID-19 pandemic, Russo-Ukrainian War, and high inflation driving concerns about lower consumer spending and a recession.
Read more at MacRumors.com