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Mass layoffs are ‘last resort’, says Tim Cook

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economictimes.indiatimes.com/tech/technology/mass-layoffs-are-last-resort-says-tim-cook/articleshow/100056191.cms

As tech layoffs continue unabated amid the global meltdown, Apple CEO Tim Cook has said that mass layoffs are a “last resort” for him.The tech giant, however, is reducing costs and has slowed down the pace of hiring.Cook told CNBC that he views layoffs “as a last resort” and “mass layoffs is not something that we're talking about at this moment”.He said that the company is…

This story from economictimes.indiatimes.com was posted on 2023-05-07 by @firefly.

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