Apple has decided to slow down the hiring process and reduce expenditures in response to the ongoing recession. In one of their recent videos at Bloomberg Technology, Mark Gurman shares how Apple’s decision regarding the hiring process might impact the market and the company. Gurman states that Apple is planning to take a more cautious approach in response to market uncertainty. Experts believe Apple is taking these drastic measures to avoid the impact of a slowing economy. Some people have expressed their concerns regarding the company’s new recession planning. Gurman states that the company is better prepared for an economic downturn than its competitors. It has planned a series of product launches for the next year, including the first mixed reality headset. The headsets are supposed to be the first big product launch since the Apple watch. Furthermore, the company has no plans for any layoffs in the future.
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