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

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

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With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

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