These are the first layoffs in 2023
Apple cuts staff
In February, it became known that the revenues of US technology companies in 2022 were significantly reduced due to falling sales as a result of the economic crisis. Due to reduced demand, Apple shares fell 5.6%.
Fears of an economic slowdown due to rising interest rates have fueled a series of massive job cuts in the US in recent months.
Meta*, the parent company of Facebook**, said last month that it would cut 10,000 jobs this year, making it the first major tech company to announce a second round of massive layoffs.
* Meta is recognized as extremist in Russia and banned
** Facebook is owned by Meta