Apple’s Tim Cook Claims that Mass Layoffs are Not In its Plans, Only a ‘Last Resort’

The year 2022 saw a succession of layoffs among the Big Tech companies which saw thousands of employees being terminated from their posts, and it transitioned on to 2023, but Apple seems to have held on most of its workforce. As revealed by Tim Cook, mass layoffs are not a part of the company's plans in addressing the significant problem in the industry.

Since the return to normal from the COVID-19 Pandemic, the world faced a recession that it is slowly recovering from now, and among their solutions to this is restructuring from within.

Apple's Tim Cook Reveals that Mass Layoffs Are Not in its Plans

Apple CEO, Tim Cook, previously revealed in an interview with CNBC that mass layoffs are not part of the company's plans in addressing the hardships and challenges of this time. During a recent interview, Cook confirmed that Apple is not currently planning any major layoffs that would leave its employees without a job.

There have been layoffs at Apple in the past which was something it needed to do. In April 2023, the company laid off hundreds of employees from its development and preservation teams, citing the need to streamline operations and focus on core business areas, according to 9to5 Mac.

Despite this, it was not indicative of any broader layoffs at the company.

Cutting off Apple's Workforce is Tim Cook's Last Resort

The tech CEO claimed that layoffs are considered "a last resort" by the company in addressing the challenges present today. However, it is not entirely shut down and may mean that there may be job cuts coming in the future.

Apple previously claimed that the past layoffs were part of its "streamlining effort" to help them, with Cupertino offering support to those affected and was given the chance to apply for a different position at the company.

Massive Layoffs in the Big Tech

The Big Tech companies in the world centered on significant layoffs that they communicated to their employees as "restructuring" efforts towards helping the company regain from its losses. Amazon is among the most notorious companies for their layoffs and employment setups, with as many as 17,000 employees losing their jobs back in January this year.

Meta has also laid off a massive number of its workforce in the past, and in 2023, the company had several rounds of layoffs that affected its employees.

Others from Big Tech with infamous layoffs include Google, Microsoft, PayPal, and more.

Some experts claimed that this is the company's fault for overhiring employees that have "fake jobs," with menial tasks only, which caused significant losses to them. The good thing is that this is not a problem that Apple has, centering on its excellent track in taking care of its employees, even amidst the challenges and recession it faced in the economy's downturn.