Apple's sudden decision..!? Employees shocked ..!

Apple, the world's largest manufacturer of smartphones and various electronic devices, is not only the largest company in the world in terms of market capitalization but also has an excess of cash reserves. Like other leading companies, apple is laying off employees due to rising inflation, economic downturn, fears of a recession, and changes in the retail market has done.
Several contract-based recruiters has been fired by apple in the past week. apple has announced this as a key part of its hiring and cost control efforts. In a rare move, the world's most valuable company has laid off 100 contract workers. There will be a slowdown in new apple jobs, as recruiters are laid off to hire new employees at Apple.At present, apple has laid off only contract employees and not laid off any permanent employees, although it has given relief to the company's employees, it has caused fear in the employment market. apple has laid off employees like never before, with around 1,50,000 employees working in the company worldwide. Not only apple in the US, Meta, Tesla, Amazon, Microsoft, google and Oracle are ready to lay off employees.Apple previously laid off a large group of contract workers in Cork, ireland in 2019. At the time, to listen to recordings of siri conversations, the company had hired several hundred contractors to help improve the product.

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