Cook: Apple not hiring everywhere in company

Monday, 14. November 2022 15:37

Apple Inc. CEO Tim Cook said on Monday that his company is "continuing to hire, but not everywhere in the company" due to current economic pressures. He told CBS that Apple is "being very deliberate" about its hiring policy.

"We believe strongly in investing for the long term and we don't believe you can save your way to prosperity. We think you invest your way into it," Cook said. His comments follow a report that Disney is freezing hiring and looking into layoffs as it attempts to cut costs.

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