Last week, Apple laid off many of its contract recruiters as part of an effort to rein in hiring and spending by the tech giant. Bloomberg reported on Tuesday, citing people familiar with the matter. From the report: About 100 contractors were laid off in a rare move for the world’s most valuable company, said the people, who asked not to be identified because the situation is private. Recruiters have been responsible for hiring new employees at Apple, and the cuts highlight a slowdown at the company.
The laid-off workers were told that the cuts were due to changes in Apple’s current business needs. Bloomberg first reported last month that the company was slowing hiring after years of staffing, joining many tech companies that have hit the brakes. Chief Executive Tim Cook confirmed during Apple’s earnings conference call that the company will be more “thoughtful” about its spending — even as it continues to invest in some areas.