Apple plans to cut back on hiring from 2023 onwards, according to Bloomberg the report.
Apple- Slow Down Hiring
Apple-- Affecting All Teams
The changes won't be affecting all teams, Bloomberg reports however, some teams will not see an increase.
Apple is also preparing for the launch of the multifocal mixed-reality headset by 2023.
Apple- For the Lunch
Many tech companies have changed their hiring practices in recent weeks including Google, Facebook, Uber, etc.
Apple- Many Tech Companies
Vimeo CEO Anjali Sud announced that the company will be cutting the company's 6 percent employees.
Apple- Vimeo CEO
Meta's Chief Product Officer advised staff of "serious times" and has announced an hiring ban for specific roles.
Apple- Chief Product Officer
Uber Chief Executive Officer Dara Khosrowshahi said he would become "hardcore about costs".
Apple- All About Cost
Image Source- Money.com
In addition, Bloomberg published that in the month of April that Apple has slowed Genius hiring in some retailers.
Apple- Some Retailers
Image Source- Barrons
Netflix ( NFLX) is scheduled to announce its second quarter fiscal earnings on Tuesday following market.
Morgan Stanley Warning of Netflix Q2
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