Tim Cook says Apple is hiring very deliberately amid economic uncertaintyMon, Nov 14, 2022 7:27 AM PST by Joe Rossignol
In an interview with CBS Mornings co-host Nate Burleson, Apple CEO Tim Cook confirmed, that his company is cautious about hiring at a time of heightened economic uncertainty. The full interview will air on Tuesday, but the preview is available now.
“So, as a result of being in this period, we're taking a very deliberate approach to hiring,” Cook said when asked. about Apple's hiring plans. “This means we continue to hire employees, but not everywhere in the company.” Cook added that Apple remains a firm believer in long-term investment.
Last month, Apple suspended recruitment for many non-research and development positions to cut costs, according to Bloomberg's Mark Gurman. The report says the move affects some “enterprise functions” and “standard roles in hardware and software development.”
Cook also discussed Apple's return policy. From September, corporate employees are required to work in the office three days a week.
EXCLUSIVE: Apple CEO @Tim_Cook told @NateBurleson that the world's most valuable company has slowed down hiring after looking into the impact of his company's economic conditions: “We We strongly believe in long-term investments.” The full interview will be out tomorrow. pic.twitter.com/v1te7qD3iJ — CBS Mornings (@CBSMornings), November 14, 2022
“We make a product and you have to keep it,” Cook said. “So it requires meeting people casually, sharing ideas, and taking enough care to promote your idea through someone else because you know that will make it a bigger idea,” he added.
CBS. Mornings said the full interview will cover the new iPhone 14 features and more.
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