Apple CEO Tim Cook today said he still views mass layoffs as a "last resort," and ensured this is not something the company is considering right now. "I view that as a last resort and, so, mass layoffs is not something that we're talking about at this moment," said Cook, in an interview with CNBC. Major tech companies like Google and Facebook parent Meta have laid off tens of thousands of employees in recent months amid economic uncertainty, after aggressively hiring during the COVID-19 pandemic. Apple has not made any mass layoffs of full-time employees, but the company has reportedly laid off some corporate employees within its retail teams, let go of some recruiter contractors, and stopped hiring for some…
It's been a tough year for tech, but even as Google laid off 12,000 employees, CEO Sundar Pichai got a substantial pay raise, earning him the nickname "Lord Farquaad."Google CEO Sundar Pichai and Lord FarquaadTech companies have laid off thousands of employees after over-hiring during the pandemic. Google announced layoffs in January, with 12,000 employees cut for cost-cutting. Read more...
It's been a tough year for tech, but even as Google laid off 12,000 employees, CEO Sundar Pichai got a substantial pay raise, earning him the nickname "Lord Farquaad."Google CEO Sundar Pichai and Lord FarquaadTech companies have laid off thousands of employees after over-hiring during the pandemic. Google announced layoffs in January, with 12,000 employees cut for cost-cutting. Read more...
It's been a tough year for tech, but even as Google laid off 12,000 employees, CEO Sundar Pichai got a substantial pay raise, earning him the nickname "Lord Farquaad."Google CEO Sundar Pichai and Lord FarquaadTech companies have laid off thousands of employees after over-hiring during the pandemic. Google announced layoffs in January, with 12,000 employees cut for cost-cutting. Read more...
Macworld Despite Apple’s objections, the Baltimore Apple Store last year became the first in the country to unionize, and now we’re getting a glimpse into the negotiations for the next contract. Among the proposals by union representatives: higher pay and tips for “a job well done.” According to a Bloomberg report, the International Association of Machinists and Aerospace Workers entered into negotiations with Apple this week by submitting its first series of proposals to management. Among the union’s requests are fairly standard proposals: 10 percent pay raises, changes to the company’s vacation policy, bereavement leave, and overtime. But the most controversial inclusion is a new tipping system, which would prompt customers to leave gratuities of 3 percent, 5 percent, or…
Employees at the unionized Towson, Maryland Apple Store are this week negotiating with Apple for new benefits, and have asked for higher pay, tips, and changes to leave policies, reports Bloomberg. Employee representatives have requested raises of up to 10 percent and they want Apple to implement a tipping system that would provide customers with the option to offer 3%, 5%, or custom tips when checking out with an in-store credit card transaction. "This will allow thankful patrons the ability to express gratitude for a job well done without any obligations," the union said. Tip money would be split among employees based on hours worked. The union is requesting double pay for employees who work more than eight hours per…
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