- Apple Inc (NASDAQ:AAPL) is looking to ease hiring and spending growth in 2023 in some divisions to cope with a potential economic downturn, Bloomberg reports.
- The decision originates from a move to be more careful during uncertain times.
- Also Read: TSMC Overtakes Samsung In Chip Race By Capitalizing On Latter’s Strengths: FT
- The changes will not affect all teams as it was not a companywide policy.
- Apple remained feisty on its product launch schedule in 2023, including a mixed-reality headset, its first significant new category since 2015.
- Previously Microsoft Corp (NASDAQ:MSFT), Spotify Technology SA (NYSE:SPOT), Meta Platforms Inc (NASDAQ:META), Tesla Inc (NASDAQ:TSLA), and multiple U.S. banks adopted a defensive stance on hiring in response to the economic uncertainties.
- Price Action: AAPL shares traded lower by 1.44% at $148.02 on the last check Monday.
- Photo by Matias Cruz from Pixabay
Tesla CEO Elon Musk Sees ‘Room For Improvement’ In Deliveries Despite EV Market Dominance
Till the end of the third quarter, Tesla sold 493,513 EVs in the U.S., with Model 3 and Y vehicles accounting for a majority of the sales.
