Apple Pause, Lyft Layoffs Signal Tech Austerity
- Apple froze hiring last month ahead of its quarterly earnings announcement, although teams working on future goods and long-term projects were exempt.
- Hardware, software, and corporate functions are most affected. The company stated it will keep employing, but slowly.
- Apple still hires in certain cases. The corporate website still lists certain job vacancies.
- Apple increased R&D spending by 20% in 2022 to develop new products, including its anticipated mixed reality headset.