Apple so far has not made mass layoffs. Know why

Amid the fear of recession, several multinational companies have made layoffs of their employees. However, Apple is one such brand which has not made any layoffs yet. However, from February 2, people will have a clear picture regarding what the tech giant will be taking as the next step. Meanwhile, it is speculated that Apple as of right now has plans to fire staff, at least from the corporate side.

Twitter was one of the first significant digital corporations to lay off workers in bulk to reduce costs in late October 2022. Following his formal takeover, Twitter's new owner, Elon Musk, decided to terminate half of the company's staff. Following significant losses in several of its divisions, Meta soon announced the layoff of nearly 10,000 employees. Following these companies, organisations like Amazon and Google have also fired their staff in bulk.

Apple is currently the only significant tech company that has avoided huge employee layoffs. According to AppleInsider, the business has let go of a few of its retail leaders, but the headcount does not appear to be more than 100. Apple's most recent round of widespread layoffs happened in 1997.


The overhiring that took place during the pandemic is one of the main causes of the mass layoffs at major corporations. However, between 2020 and 2022, Apple made careful hiring decisions. Apple had 164,000 employees as of September 2022, a 6.5% rise over the same time in 2021. As stated, more information about Apple's performance will become available on February 2.

FAQs

1. How many employees did Meta fire?
   Meta announced the layoff of nearly 10,000 employees. Before Meta, Twitter made the call to fire its employees in bulk.
2. Why did Apple not fire any of its employees yet?
   The overhiring that took place during the pandemic is one of the main causes of the mass layoffs. However, between 2020 and 2022, Apple made careful hiring decisions.