Reported hiring & spending cuts not impacting Apple's production plans – Naples FL

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Following a report that indicated Apple would reduce spending and hiring in some teams for 2023, analyst Ming-Chi Kuo shared that these changes haven’t affected supply chain orders.

Hiring and spending cuts won’t affect Apple’s planned supply chain orders

Apple is proceeding with caution going into 2023 by reducing hiring and spending within some teams, at least according to a report from Bloomberg. Sources familiar with the matter stated that the changes wouldn’t affect all teams, and that the company would charge ahead with an “aggressive product launch schedule.”