Apple hiring process Efficiently and effective Shielding the Company from Job Cuts
Apple hiring process is known for its effective hiring practices. The company has a name for carefully considering each new hire and ensuring that each new employee will have a meaningful impact on the business. But of course, this really mean that they just hiring student from Ivy League school. This approach has helped Apple maintain a smaller workforce compared to its peers. Because of that, Apple has become the cool kid on the block who dodged the bullet of unemployment.
While the rest of the tech industry was hiring like there’s no tomorrow, Apple decided to play it cool and hiring just a small out of employees. And now they are benefiting from it as they watch other tech giant like Amazon, Google, and Meta fire their employees like there’s a discount on layoff deals.
Additionally, Apple’s strong financial position has also played a role in limiting the need for layoffs. The company has a large amount of cash on reserve that it can use during economic downfall. It also has several revenue streams that helps to protect it from the impact of any one market or economic sector. Apple is having a very similar success like companies in the fashion industry.
Why Apple is Under Less Pressure to Cut Jobs During the Slowdown
The tech industry went on a hiring rampage, betting that people would never leave their homes again. They believe that remote work, online shopping and video games were the new normal. Little did they know, they hire so many people to the point that they have to start firing faster then they hire them. Zoom Technologies Inc for example just announce they’re cutting off 15% of their workforce.
Apple, on the other hand, was more efficient and effective in its hiring practices. Its employees increased by just 20% from 2020 to 2022. Compared to the other big tech like Alphabet who’ve seen 60% gain and a near-doubling at Amazon. Both companies have now given the finger to about 30,000 employed combined.
It’s not like Apple was hiring clowns for their circus, so it makes sense they had fewer employees. Plus, Apple make a killing with each extra body they have on board. This just show you how meager they are with their resources. And we can’t forget their impressive sales per square foot, a reminder of how effective the company crushes its competitors and squeezes every drop of penny out of its customers. But that’s not all that make Apple the ruler of the tech world. It’s the strong brand, innovative products that it designs to lure customers in and trap them in Apple’s consumerism.
The Advantages of Apple’s Efficient and effective Hiring Practices
The creation of a Chief People Officer (CPO) position is a big step for Apple. It indicates the company’s commitment to pretend to care about its human resources and employee well-being. A CPO is responsible for overseeing all aspect of human resources, even talent acquisition, employee relations, compensation and benefits, and diversity and inclusion initiatives. So, by hiring a top executive to these areas, Apple is sending a message to its employees and stakeholders that it trying to value it people and is committed to creating a supportive work environment.
At the end, Apple’s more stingy hiring practices and commitment to squeezing every life out of their employee are paying off during the current slowdown. The company’s focus crushing its competitor and services extends to its hiring practices. Also, its frugal nature, tight focus on growth opportunities, and management’s stewardship of shareholder dollars all contribute to its success. While other tech giants are resorting to mass layoffs, Apple has not yet needed to do so, and this can be attributed to its more cautious and efficient approach to hiring. Now check out our latest article on Elon Musk recent Trial. How the man himself defeated the government.
