Several tech giants started 2023 with mass layoffs. But unlike these companies apple it holds its ground and has not made significant staff cuts. The analysis now states that the manufacturer is avoiding this in order not to damage its image and delay the launch of the product.

Apple cuts salaries and postpones bonus payments

According to the journalist Mark Gurmanfrom bloombergThe Cupertino giant is not expected to lay off employees due to its recent financial success. In the first quarter of this year, Apple managed to make a profit of 30 billion US dollars and accumulate $165 billion in cash.

Gourmet declares that thanks to this success, in the first three months of 2023, apple can hardly justify the reasons for these dismissals. If the company were to lay off staff, it should undermine employee morale and public opinion. It could also lose talented workers who are focused on products like Apple’s first VR headset.

Credits: Lorenz Heymann on Unsplash

If the company undergoes large-scale staff cuts, this will also significantly delay the launch of new products. As indicated WCCFTechRecently, a former engineer who worked on the manufacturer’s VR headset stated that the launch of the device is under tremendous pressure.

The portal highlights some of the evidence that shows the work that the giant has to do in order not to lay off employees. company reduction in the number of employees and deferred bonus payments for some divisions. In addition, the CEO Tim Cook reduced its remuneration from $99.4 million to $49 million.

Cook also recently said that he would only go for major layoffs as a last resort.

Mundo Conectado Deal Center: Selection of Discounts and Lowest Prices
Best deals on electronics, cell phones, TVs, soundbars, drones and more

Source: WCCFTech, Bloomberg.

…..