Apple reportedly delaying some employee bonuses as the company cuts costs

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The shift is the latest example that Apple is cutting costs and watching corporate expenses closely during a rough patch for the tech industry.

Some Apple employees who expected a bonus in April will have to wait until October, according to a new report in Bloomberg.

Apple hasn't laid off employees, but it has dramatically slowed hiring in many divisions outside of engineering.Apple CEO Tim Cook arrives for the season three premiere of "Ted Lasso" at the Regency Village Theater in Los Angeles, California, on March 7, 2023.

 

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These companies trying to maximize profits for their ceos.

I'm no Apple lover, but this seems almost rational

Interesting, this feels so much better than… well… we’re laying off 11k, 10k, 10%, 18k 😵‍💫 or is this just the calm before the storm ⛈️

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