Apple plans some hiring reductions after selling fewer iPhones

REUTERS
Published Jan 18, 2019, 11:11 am IST
Updated Jan 18, 2019, 11:13 am IST
Chief Executive Officer Tim Cook made the disclosure to employees earlier this month in a meeting.
Apple scales back on hiring.
 Apple scales back on hiring.

Apple Inc will cut back on hiring for some divisions after lower-than-expected iPhone sales and missing its revenue forecast for the holiday quarter, Bloomberg reported on Wednesday, citing sources familiar with the matter.

According to the report, Chief Executive Officer Tim Cook made the disclosure to employees earlier this month in a meeting the day after he penned a letter to investors about the company’s recent struggles, particularly in China and said some divisions would reduce hiring.

 

Apple did not immediately respond to a Reuters request for comment.

Click on Deccan Chronicle Technology and Science for the latest news and reviews. Follow us on Facebook, Twitter

...




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT