Apple Said to Slow Hiring and Spending

Apple is preparing for 2023 by reducing hiring and spending growth due to economic concerns. While not company-wide, this cautious approach affects some teams. Apple plans to release a mixed reality headset, its first major product since the Apple Watch. Despite the slowdown, no layoffs are planned, and the company will not backfill some positions.

What measures is Apple taking in response to the looming recession?

How does Apple's cash position affect its response to economic challenges?

What is the significance of Apple's upcoming mixed reality headset?

What is the difference between a hiring slowdown and a hiring freeze at Apple?

What historical context is provided regarding Apple's layoffs?