The 2022-2023 season will be quite a challenge for the technology world. Because while companies’ costs are rising, their revenues are generally increasing in a downward trend. As such, many companies, from Microsoft to Google and even Netflix, are waiting for this season. with mass layoffs is going on.

However, US-based tech giant Apple has so far been unable to implement mass layoffs. not. The strategy followed by Apple was remarkable, while rival companies are downsizing significantly. This matter is being addressed by the CEO of The Wall Street Journal Apple Tim is cookingWas asked. The answers were as remarkable as why Apple didn’t do mass extraction.

Tim Cook: Mass layoffs are Apple’s last resort

Tim Cook used the following statements in an interview with the Wall Street Journal: their fired I see it as a last resort. You can never say never. However, costs as much as we can. in other ways We want to manage.

According to a recent statement, Apple isn’t hiring as many people as other tech companies.

Again, the Wall Street Journal ran a report on why Apple didn’t make mass layoffs in January 2023. Analyzing the September 2019-September 2022 period in this report, the editors found that while competitors showed growth of 57 to 100 percent, Apple’s only by 20 percent was said to have grown. In other words, Apple was already recruiting very little staff compared to its competitors.

Tim Cook has voluntarily cut his salary!

In a piece of news we shared with you a few weeks ago, that’s from Tim Cook voluntarily reduce your own salary since you are on the road we talked about. In fact, even this is a clear indication why Apple doesn’t have to resort to mass layoffs. Because with the decision taken, Tim Cook will join the company in 2023. 35 million dollars The budget has been abandoned. This amount can even save hundreds of employees from their jobs.

Here are all the companies that have made mass layoffs so far:

So why mass layoffs?