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Apple recruitment contractors laid off as company slows hiring

Added 08-16-22 07:31:02am EST - “We learned last month that Apple would be taking a more cautious approach to hiring new staff, and a new report today confirms that the company is serious about it. Around 100 Apple recruitment contractors have been laid off in the…” - 9to5mac.com

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Posted By TheNewsCommenter: From 9to5mac.com: “Apple recruitment contractors laid off as company slows hiring”. Below is an excerpt from the article.

We learned last month that Apple would be taking a more cautious approach to hiring new staff, and a new report today confirms that the company is serious about it. Around 100 Apple recruitment contractors have been laid off in the past week.

It follows CEO Tim Cook stating that hiring would continue, but at a slower pace reflecting the “realities” of the environment” …

Those “realities” include high inflation, which is seeing people take a more cautious approach to discretionary spending – and Apple’s products fall into that category for many.

The pandemic also led a sizeable number of people to reevaluate their priorities, with more than usual taking early retirement or reducing their working hours to achieve a better work-life balance.

Additionally, energy costs are rocketing in Europe as a result of sanctions against Russia. Gas piped from Russia has played a substantial role in electricity generation in many European countries, and a combination of sanctions and Russian disruption to supplies has seen household energy costs more than doubling, with even larger rises expected. This will undoubtedly feed through into reduced spending on consumer electronics, among many other things.

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