Apple Dodged Layoffs While Amazon, Alphabet, Meta and Microsoft Shed Employees

From a story on axios.com headlined “How Apple dodged layoffs”:

Close to 200,000 tech workers have been laid off since the start of 2022, with a new, intense wave in just the last few weeks.

Amazon, Alphabet, Meta and Microsoft have all shed employees.

But Apple — the world’s largest company — has thus far avoided letting people go.

“[Apple] added employees at a much slower clip than those companies during the pandemic,” The Wall Street Journal’s Aaron Tilley writes.

Apple “tends to run lean, with limited employee perks and businesses focused on hardware products and sales that have so far largely dodged the economic downturn,” The Journal adds.

The company doesn’t have free lunch at the office like some of its peers.

By the numbers: Apple’s workforce grew by 20% from September 2019 to September 2022.

In that same period, Microsoft grew by 53%; Alphabet, 57%.

Amazon and Meta workforces nearly doubled.

Speak Your Mind

*