The news makes Apple the latest technology company to slow hiring plans as tech stocks take a dive. Shares of Apple fell more than 2% after the report on Monday, before regaining its losses on Tuesday as stocks recovered. The news makes Apple the latest large tech company to pare its spending amid an uncertain market outlook.
While the cuts are small, they're"indicative of a larger rollback or slowdown in tech hiring across the sector," said CBS News tech reporter Dan Patterson. ."Some firms are offering voluntary severance or, as is the case with companies like Meta and Tesla, creating environments where workers may want to quit," he noted.
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