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AAPL Apple Inc

169.00
-0.02 (-0.01%)
Pre Market
Last Updated: 11:25:48
Delayed by 15 minutes
Share Name Share Symbol Market Type
Apple Inc NASDAQ:AAPL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.02 -0.01% 169.00 168.93 169.00 56,864 11:25:48

Apple CEO Tim Cook: Company to Pull Back on Some Hiring, CBS Reports

14/11/2022 3:29pm

Dow Jones News


Apple (NASDAQ:AAPL)
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From Apr 2022 to Apr 2024

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By Will Feuer

 

--Apple Inc. is pulling back on hiring in some parts of the company amid economic uncertainty, according to a CBS interview with the company's chief executive, Tim Cook.

--"What we're doing as a consequence of being in this period is we're being very deliberate on our hiring," Mr. Cook said. "That means we're continuing to hire, but not everywhere in the company are we hiring."

--Apple is still investing in growing the business, the Apple CEO added. "We don't believe you can save your way to prosperity," Mr. Cook said. "We think you invest your way to it."

--Shares of Apple fell 1%, to $148.18, in morning trading Monday.

 

Full article at https://www.cbsnews.com/news/apple-ceo-tim-cook-being-very-deliberate-on-hiring-economic-uncertainty/

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

November 14, 2022 10:14 ET (15:14 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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