- 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
Astra Announces Spacecraft Engine Contract with Airbus OneWeb Satellites; Terms Not Disclosed
Astra Space, Inc. ("Astra") (NASDAQ:ASTR), a provider of space products and launch services to the global space industry, today announced that it has been selected by Airbus OneWeb Satellites, LLC
