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-

 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