Apple reportedly begins corporate layoffs. The company normally has stood out from the big tech frenzy by not carrying out any form of layoffs, but that however seems to come to an end finally.
Apple Corporate Layoffs
Tech company Apple is at the moment laying off a really small number of workers from its retail team as per reports from Bloomberg and Business Insider. At the moment, it is still not clear as to how many people will be impacted by this move, but Bloomberg, however, reports that the number is “likely very small,” and both outlets have said that the company is internally pitching it as a way to improve on its operations rather than just a cost-cutting measure.
Other Companies to Suffer Job Cuts
Up until this time, the lack of layoffs by Apple has set it apart from many big tech companies that have announced significant cuts. And they include Google (12,000 jobs), amazon (27,000 jobs), Meta (21,000 jobs), and Microsoft (10,000 jobs).
The layoff by Apple seems to be on a smaller scale but it however appears that it can no longer act as an example of a company that has not taken up the laying off of employees move.
The Divisions Affected By the Reported Cuts
And according to reports on Monday, the job cuts by Apple are in the division that handles building and upkeep for its retail stores, and the affected employees have already been told that they have until the end of the week to apply for other positions within the company. And according to Bloomberg Apple is at the moment offering up to four months of severance pay for those persons that aren’t able to stay.
These Are the First Reported Layoffs of Full-Time Employees at Apple
While all of these are the first reported layoffs of full-time employees at the Apple firm ever since the big tech cuts started, the company has been baring down costs in many other ways, with CEO Tim Cook revealing to The Wall Street Journal that layoffs were “a last resort.” And just Last month, Bloomberg reported that it had been laying off contractors, thus leaving some newly-opened positions unfilled and slowing down hiring for some other departments, delaying bonuses, reducing travel budgets, pushing back projects, and many more.
MORE RELATED POSTS
