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How did Apple stay afloat while tech giants laid off thousands of people?

Technology giants, which grew excessively during the pandemic period and hired hundreds of thousands of people, started to dismiss at the same speed when the global economic crisis began. Giants such as Google, Amazon, Microsoft laid off tens of thousands of people. Well Apple...
 How did Apple stay afloat while tech giants laid off thousands of people?
READING NOW How did Apple stay afloat while tech giants laid off thousands of people?
Technology giants, which grew excessively during the pandemic period and hired hundreds of thousands of people, started to dismiss at the same speed when the global economic crisis began. Giants such as Google, Amazon, Microsoft laid off tens of thousands of people. So how does Apple cope with these difficulties?

smart policy from Apple

Apple, which has a total of 164 thousand employees, has been the only dismissal event that has come to the agenda recently, and the dismissal of a contracted engineering staff of approximately 100 people. The company’s biggest dismissal move was in the time of Steve Jobs in 1997 with 4100 people.

Unlike its competitors, Apple did not make major hiring moves during the pandemic period. He was more in favor of product development and monitoring economic developments. Apple, which has hired 17,000 people since 2020, also paused its physical store growth. Again, instead of the right to free meals or snacks like its competitors, it has determined a system where employees will prefer a meal for a fee.

Preferring to keep his feet firmly on the ground, Apple has thus increased the productivity of its employees and gained their trust. As of February 1, the company will announce its financial results for the last quarter, but for now, no news of layoffs has been heard within the company.

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