Why Is Apple The Only Big Tech That Hasn't Conducted Mass Layoffs?

Why Is Apple The Only Big Tech That Hasn’t Conducted Mass Layoffs?

Written by Roberta Souza

Published on 24/01/2023 at 12:46

Foto: Reprodução pixabay

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Is Tim Cook The Only CEO Immune To The Economic Crisis?

In recent months, almost all major tech companies have announced layoffs of thousands of employees. After months of mass layoffs, only one Big Tech remains: Apple. The global economic crisis has led to a decline in smartphone purchases, China is facing production issues, and the expectation is for a poor quarter. Despite all this, Tim Cook (CEO of Apple) seems immune to the problems occurring in the global landscape.

Management Philosophy That Prevents Mass Layoffs

The only time Apple conducted a mass layoff was in 1997, just a few months before Steve Jobs replaced Gil Amelio as CEO. A total of 4,100 employees were laid off, and some projects had to be canceled. Since then, Apple has become Apple.

The company aims to always launch products at the “Apple standard,” not to present major innovations just because the competition did. Even though the company “created the smartphones” we know today, the innovations in its products tend to be incremental and gradual.

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Large Hiring During The Pandemic Resulted In Mass Layoffs For Several Big Techs

Most Big Techs took advantage of the growth in electronics purchases that occurred in 2020-2021 to hire hundreds of thousands of employees. While Apple’s workforce increased by only 20%, some of its competitors saw growth of over 50% at that time.

The most recent mass layoff at Apple was in August of last year when the company laid off 100 employees from its workforce of 164,000. Of course, many people were laid off, but it doesn’t come close to the staggering number of layoffs that occurred at other Big Techs.

Why Is Apple The Only Big Tech That Hasn’t Conducted Mass Layoffs?

Is Tim Cook The Only CEO Immune To The Economic Crisis?

Management Philosophy That Prevents Mass Layoffs

Large Hiring During The Pandemic Resulted In Mass Layoffs For Several Big Techs

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Why Is Apple The Only Big Tech That Hasn’t Conducted Mass Layoffs?

Is Tim Cook The Only CEO Immune To The Economic Crisis?

Management Philosophy That Prevents Mass Layoffs

Large Hiring During The Pandemic Resulted In Mass Layoffs For Several Big Techs

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

With 70 tons of rock removed by hand and an 800-year-old abandoned cave, a former businessman transforms a dark shelter into a modern home carved in the heart of the forest.

Scientists have created a material six times lighter than air, 75 times lighter than styrofoam, and that becomes stronger the more it is compressed: aerographite seems impossible, but it can reinforce structures, batteries, and satellites.

Largest investment per capita in Brazil: city receives R$ 1 billion in sanitation, invests 322% above the national average, and gains a new ETA capable of supplying an additional 1,270 liters of water per second.

The truck leaves and the train enters: Transnordestina will invest R$ 3.6 billion in a new railway corridor with an 84-hectare terminal, a 7.5 km branch, and the capacity to double the movement of the Port of Pecém to 40 million tons.

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Largest investment per capita in Brazil: city receives R$ 1 billion in sanitation, invests 322% above the national average, and gains a new ETA capable of supplying an additional 1,270 liters of water per second.

Neither washing machine nor laundry: the trick that helps eliminate odors accumulated from sweat, humidity, and dust, restores the volume of pillows and duvets in a few hours, and is surprising those seeking convenience at home.

The truck leaves and the train enters: Transnordestina will invest R$ 3.6 billion in a new railway corridor with an 84-hectare terminal, a 7.5 km branch, and the capacity to double the movement of the Port of Pecém to 40 million tons.

With 6 openings at Norsul and 4 at Norcoast, the trainee program pays R$ 4,000, offers health and dental plans, life insurance, and meal vouchers to train Nautical Officers in a 2-year course in Rio de Janeiro.