Apple to reduce hiring as a result of slow iPhone sales, report claims

The iPhone X, iPhone XS, and iPhone XS Max

After iPhone sales forced it to revise its fiscal Q1 2019 earnings guidance, a new report by Bloomberg claims that Apple will soon start cutting back on hiring as a direct result of its weaker performance.

According to people familiar with the matter, Apple CEO Tim Cook was asked directly about future hires during an employee meeting earlier this month. To this, Cook replied that a hiring freeze wasn’t the solution to the company’s problems. Instead, certain divisions will reduce hiring for ...

Wednesday, 16 January 2019 GSM ARENA GSMArena.com