Apple plans to slow hiring, spending in some teams in 2023

Apple plans to slow hiring, spending in some teams in 2023



Apple is planning on slowing spending and hiring growth across some teams in 2023 to prepare itself for a potential economic downturn that year.

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The decision is apparently a result of a new move to be more cautious during uncertain times, Bloomberg reported Monday. However, the decision is not a companywide policy, sources familiar with the matter said.

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