Why Apple is the only technology company that has not announced layoffs

Between 2019 and 2022, the American multinational reported a year-on-year growth of 8%. Unlike the other companies in the technology sector during the pandemic, Apple only raised its workforce to 20%

The technological multinational Apple seems to be one of the most consolidated by 2023, despite the efforts of other companies that have had to choose to make cuts in their workforce to stay afloat, the manzanita company has not yet announced significant layoffs .
Since last year, many companies in the technology area such as Amazon, Microsoft and Alphabet have had to ride the wave of massive layoffs, among other reasons, due to the economic instability in the country and the slowdown in the market after the pandemic.

But Apple is going against the current and is dealing with the crisis better than others. During the pandemic, there was also growth in the payrolls of some of the companies already mentioned, for example; Microsoft increased its payroll to 50%, as did Amazon and Meta, doubling their workforce, however this caused them enormous expenses.

However, Apple was more astute and only completed a modest 20% increase in its workforce, also in the period of 2019 and 2022 the company achieved significant growth in demand for its products, according to its year-on-year report it raised its prices. income at 8%.

Although the manufacturer of the IPhone is rebounding, it is not exempt from some predictions from analysts and experts who state that it will have a reduction in its staff by mid-year, but it will not be as drastic and significant as other companies.

Rachel Maga
Rachel Maga is a technology journalist currently working at Globe Live Media agency. She has been in the Technology Journalism field for over 5 years now. Her life's biggest milestone is the inside tour of Tesla Industries, which was gifted to her by the legend Elon Musk himself.