It's official: Apple is still the only tech giant to have avoided recent major layoffs or cost cuts | Business Insider

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Every tech company is suffering right now, with almost every one doing layoffs and cost cuts.

There's been one port in this particular storm, however. Apple has weathered the perfect storm of swelling inflation, pandemic-related supply chain issues, and the war in UkraineOn Apple's quarterly earnings call on Thursday afternoon, CEO Tim Cook acknowledged the hurdles facing the company. But conspicuous by its absence was any mention of cost-cutting, layoffs, or strategy shifts.

But Cook took an optimistic tone on the earnings call. He spotlighted that there are now 2 billion active Apple devices, and shared that the supply chain issues that hampered availability of the iPhone 14 and iPhone 14 Pro Max through the end of last year are now alleviated. Wall Street seems to be half-convinced by Cook's sunnier outlook, at least. While shares dipped over 4% immediately after Apple released the report, that went down to only an approximately 2% drop following the conclusion of the call.after announcing cost-cutting

 

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BISouthAfrica If these guys come to Africa, there are chances they will meet some unimaginably unexplored talents and creativities. They are many young Africans who are eager to learn and work, but are denied by their corrupt leaders.

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