Per Business Insider:
Since the summer, Apple has touted its "deliberate" decisions about investment and hiring, including on its most recent quarterly earnings call last week. But three sources with close knowledge of conversations at the company told Insider it has paused almost all hiring.
Staff across divisions, the sources said, have been told the company won't be onboarding new hires for a number of months, possibly through the end of the company's fiscal year, which is September 2023.
The hiring stall affects full-time employees inside the company, said one of the three people, with divisions such as retail still likely to add sales staffers at Apple locations in advance of the holiday gifting rush.
This person — who has direct knowledge of internal conversations at the tech behemoth — said Apple had designated "no budget" for additional headcount for company positions in the coming year. The person characterized the company as being in a hiring "freeze."
The second source, who has knowledge of multiple high-level conversations inside Apple, agreed that it's experiencing a hiring freeze. The third source — a person who was pursuing a senior-level position at the company — said they had been told by a high-ranking official.
See AAPL flow: unusualwhales.com/flow
The Department of Homeland Security is considering the creation of a television show in which migrants would compete for potential U.S. citizenship
5/21/2025 1:53 AMU.S. Senate unanimously passes the No Tax on Tips Act
5/21/2025 1:49 AMInvestors now own 30% of metro Atlanta’s single-family rental homes
5/20/2025 9:23 PMMajority of Canadians feel unwelcome and unsafe travelling to United States
5/20/2025 8:48 PM
Stay Updated
Subscribe to our newsletter for the latest financial insights and news.
