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Almost all tech companies from Amazon to Netflix in recent days massive layoffs and laid off hundreds of thousands of workers. However, Apple, one of the largest technology
Almost all tech companies from Amazon to Netflix in recent days massive layoffs and laid off hundreds of thousands of workers. However, Apple, one of the largest technology companies in the world, has not yet announced a mass layoff.
So all companiesreduce costsCupertino tech giant lays off hundreds of workers for ” How does this compare to costs?
According to the Wall Street Journal report, there are three main reasons why Apple is currently coping with these cost and budgetary challenges. The first of these is that the company is much more cautious about expansion than its competitors. While almost all technology companies take every opportunity to grow, so has Apple only if growth is seen as a guarantee small but steady growth.
The second reason is that unlike Google and Meta, the company’s biggest rivals, it starts new projects with very small groups. Google and Meta in particular recruit hundreds of employees each year for dozens of different projects, but many of these projects expires in a few years. Apple doesn’t make such a mistake. Even with Apple’s smart glasses and Apple Car projects small teams of just a few people work known. In this way, the company with few employees makes small but effective progress and it becomes financial profit.
The third and final reason, according to the Wall Street Journal, is that the company is sparing on “employee happiness” compared to its peers. For example, while the food and transportation costs of almost all employees in Google and Meta offices are paid by the company, Apple employees pay these costs. he has to pay out of his own pocket. This brings Apple hundreds of thousands of dollars in profit every year and the company uses such savings. It easily gets through periods of crisis.
Of course, at this point, there’s no guarantee that Apple won’t make mass layoffs. However, according to statements by Apple analysts and industry experts, the Cupertino technology giant has not made any mass layoffs. It can remain one of the rare companies.
Source: Web Tekno
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.
