We have previously reported on a number of large technology companies that laid off a large number of employees at the end of last year and this year, measuring even tens of thousands. One of the main reasons for such a move is concern about the economic downturn and the desire to reduce costs. Significantly, the name “Apple” has not been seen so far among these tech giants that have implemented mass layoffs. True, the company has just announced that it plans to lay off a small number of employees, but denies that it is related to cost cutting.
Apple is reportedly planning to lay off a “small number” of employees from one of its retail teams. Currently, it is not known exactly how many workers will lose their jobs. According to the report, those working in the division that deals with the construction and maintenance of Apple retail stores will be laid off. Those affected by the layoffs will have the opportunity to apply for other vacancies within the company.
In internal communications, Apple cites operational improvement rather than cost reduction as the reason for such a move. The company’s CEO, Tim Cook, has also emphasized that the layoffs will be the last step Apple would take due to cost reduction. The company has so far saved financial resources in other ways, such as slowing the pace of hiring, postponing bonuses, stopping work on unprofitable projects, etc.
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