Tim Cook Says Apple Still Not Considering 'Mass Layoffs'
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 contracted recruiters, and stopped hiring for some roles.
In a regulatory filing last year, Apple said it had approximately 164,000 full-time equivalent employees as of September 24, 2022.
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On this week's special episode of The MacRumors Show, we discuss Apple's bombshell announcement that Tim Cook will step down as CEO on September 1, 2026, with hardware engineering chief John Ternus set to succeed him.
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Cook will transition to executive chairman, where he will "assist with certain aspects of the company, including...
Apple CEO Tim Cook is stepping down as Apple's chief executive officer, and hardware engineering chief John Ternus is set to take over, Apple announced today.
Cook will continue on as Apple CEO through the summer, with Ternus set to join Apple's Board of Directors and take over as CEO on September 1, 2026. Cook is going to transition to executive chairman, and he will "assist with certain...
Current Apple CEO Tim Cook is set to leave his role on September 1, 2026, and as he prepares to step down as CEO, he has written a letter addressed to the Apple community.
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To the...
