Apple is freezing hiring, cutting budgets, claims new report

A report claiming to be based on multiple sources within Apple, says that the company is drastically cutting its budget for hiring staff, despite Tim Cook's denial.Apple has previously been rumored to be reducing recruitment, and is known to have cut some contract staff. But Tim Cook has said that Apple is not slowing hiring, it is just being 'more deliberate' about recruitment.Now, however, Business Insider claims to have information of 'high-level' conversations within Apple, which show a conscious hiring freeze. Reportedly, existing staff have been told that there will be no further recruitment for at least many months, perhaps until the end of Apple's fiscal year in September 2023. Read more...