Apple layoffs a ‘last resort’, not considering it at the moment, CEO Tim Cook says
Apple CEO Tim Cook has confirmed that the company is not planning any major layoffs despite cost-cutting measures being implemented. In contrast to other tech giants like Alphabet, Microsoft, and Meta which have cut thousands of employees this year, Apple views layoffs a last resort.
“I view that as a last resort and, so, mass layoffs is not something that we’re talking about at this moment,” said Cook in an interview given to CNBC.
He added that Apple is being extremely prudent on hiring, with a slower rate of…