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Apple (AAPL) expands hiring freeze and stalls bonuses as part of cost cutting effort - Bloomberg

March 14, 2023 2:07 PM EDT

Apple (NASDAQ: AAPL) is stalling bonuses for some of its corporate divisions and expanding a cost-cutting effort, Bloomberg reported on Tuesday.

Citing sources, the publication states that the tech giant is joining its Silicon Valley counterparts in trying to streamline operations during the current uncertain macroeconomic... More