Apple Stands Apart From the Tech-Layoffs Bloodbath
Apple is the only Big Tech company that has not cut its workforce.
The tech industry has been consolidating, with a wave of layoffs starting last November. The massive job cuts in the sector reflect expectations that revenue growth will slow as the economy contracts.
Alphabet’s Google (GOOGL) – Get Free Report, the search and cloud giant, said on Friday it would cut 12,000 employees globally. Amazon (AMZN) – Get Free Report plans to shrink its workforce by 18,000 while Microsoft (MSFT)…