Apple, $AAPL, has begun to fire contractors, per the NYP.
The New York Post further reported that the firings have come in the past few days and have impacted "hundreds" of contractors, some of whom work with Apple (AAPL) employees on projects.
Apple reportedly fired the contracts outright instead of waiting for the contracts, which are renewed on a 12 or 15-month basis, to expire.
Notably these are all anonymous sources per NYP.
Recently, Goldman Sachs economist Jan Hatzius said, "tech layoffs are not a sign of an impending recession," saying the unemployment rate would only rise by 0.3% despite most tech industries losing jobs simultaneously.
Apple, $AAPL, has begun to fire contractors
2/16/2023
GS released a report noting economists say there is a 35% probability of a US recession over the next year.
Goldman Sachs: "The US may avoid a downturn partly because data on economic activity is nowhere close to recessionary."
DOJ is investigating into Coinbase, COIN, customer data theft
5/19/2025 10:40 PMTrump signs Take It Down Act, criminalizing deepfake and revenge porn
5/19/2025 10:36 PMMoody's: Fannie Mae downgraded to AA1, Outlook stable
5/19/2025 10:34 PMThe average 30-year mortgage rate is now above 7%
5/19/2025 10:29 PM
Stay Updated
Subscribe to our newsletter for the latest financial insights and news.
+With Unusual Whales
Get the best broker for options trading and earn Unusual Whales discounted! in cash with an eligible account deposit at tastytrade. Get an Unusual Whales bonus when you deposit $2000. Offer expires 3/31/25. Certain restrictions, terms and conditions apply.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.