Winning Bizness Desk

Mumbai. The axe of job cuts in the tech sector has now spread to Apple as well. The company, which has so far avoided layoffs, is considering it now. This company, which manufactures the iPhone, is likely to show the way out to some employees in the corporate retail department. If this happens, this will be the first job cut by Apple. Due to the recession, the tech sector has seen a crisis of staff reduction since last year.

Twitter, Google, Amazon, Meta have cut jobs

Companies like Twitter, Google, Amazon, Meta have cut jobs on a large scale. In fact, Apple had so far avoided layoffs and tried to cut costs in other ways. But now some employees are facing the prospect of losing their jobs. Employees working in Apple's development and maintenance department will be affected by the cuts. Meanwhile, the company has not yet released any official information about this reduction.

What are Apple Retail Store Responsibilities?

This division is responsible for building and maintaining Apple retail stores worldwide. Currently, it is not known how many employees are at risk of losing their jobs. But this number is expected to be less. Other companies in the tech sector, hit by poor economic conditions and costs, have laid off large numbers of people. Meanwhile, it is said that the employees who will be fired from the company can apply again to the company. Not only this, four months' salary will also be given to the dismissed employees from the company.

1.64 lakh employees in Apple

As of September last fiscal, Apple had 1.64 lakh employees. During the covid epidemic, the company did not recruit people on a large scale like Google, Amazon. But after this, companies like Google and Amazon had to lay off thousands of employees.