Apple Manages to Avoid Layoffs, Starts New Year Strong
January 26, 2023 at 08:10 AM EST
Mass layoffs have hit big tech, especially after last year’s broad weakness in the sector. However, iPhone maker Apple is ousting its big tech peers by keeping its workforce relatively intact. It’s certainly a departure from the cost-cutting strategies most big tech companies are resorting to after a tumultuous 2022 fraught with lower profitability forecasts. [...] The post Apple Manages to Avoid Layoffs, Starts New Year Strong appeared first on ETF Trends .