Tag: delays
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Apple Expands Hiring Freeze, Delays Bonuses for Some Employees
Apple late last year paused hiring for most jobs outside of research and development to cut down on costs, after slowing down on hiring and spending last July. At the time, the hiring moratorium did not apply to teams working on future devices and long-term Apple initiatives, but the freeze is now applicable for more jobs. Apple is leaving positions open as employees depart the company as a way to cut down on the workforce.
In addition to slowing hiring, Apple is planning to reduce the frequency of bonuses for some of its corporate workforce. Apple normally provides bonuses and promotions once or twice per year depending on division, with the extra money paid out in April and October, but the company is shifting entirely to a once-per-year bonus schedule. Bonus payments will be provided in October for all teams, and employees are still set to receive their full bonuses.
Apple CEO Tim Cook is also being paid less this year, and he is set to receive $49 million in salary, bonuses, and stock awards, down approximately 50 percent from the $99 million he was paid in 2022.
Unlike many tech companies, Apple has not announced layoffs, focusing instead on cutting down on hiring. Twitter has seen thousands of employees cut following a takeover by Elon Musk, and just this week, Facebook announced plans to lay off approximately 10,000 employees. Microsoft cut its AI ethics team this month following several prior layoff events, while Google parent company Alphabet laid off 12,000 employees in January.
Apple in the first fiscal quarter of 2023 saw a five percent drop in revenue year-over-year, and for the second fiscal quarter, the company is expecting a notable decline in Mac and iPad revenue, which will lead to similar sales numbers.
This article, “Apple Expands Hiring Freeze, Delays Bonuses for Some Employees” first appeared on MacRumors.com
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Intel’s CEO did not shy away from addressing rumors and concerns surrounding the company’s 3nm-based efforts. Gelsinger instead met the claims head on, attempting to put any doubts of Intel’s progress to rest by assuring participants that the Granite Rapids, Sierra Forest, and TSMC-based 3nm graphics tile technologies are all…
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Apple Delays Debut of AR/VR Headset Until June
Apple initially planned to reveal the AR/VR headset at an April event, but it is no longer going to be able to make that timeline and decided to delay it earlier this month. After continued product testing, Apple determined that there are still hardware and software issues that need to be fixed.
This is not the first time that Apple has pushed back the launch timeline for the headset, with the company originally planning to introduce it in mid-2022. The timeline shifted to January 2023 later in 2022, then April 2023, and now June 2023. It is not clear what the delay means for a prospective spring event as Apple has few other major device updates in the works, but we could potentially see a 15-inch MacBook Air and the launch of the new Apple silicon Mac Pro.
After the headset is shown off at WWDC, Apple will continue to work on it before putting it up for sale later in the year. Gurman cautions that the timing of the launch could change again, but Apple wants to have it available for purchase by the end of 2023 if at all possible because it is the headline product of the year.
Apple is still working to fix problems with the hand and eye control functions. Rumors suggest that users will be able to control the headset with both eye movements and hand gestures, selecting an app with a glance and then activating it with a pinch gesture, for example.
When it launches, the headset is expected to be priced somewhere around $3,000, which will limit its appeal to consumers. Apple is already working on a second-generation device that will be more affordable. More information on Apple’s AR/VR headset development can be found in our dedicated roundup.
This article, “Apple Delays Debut of AR/VR Headset Until June” first appeared on MacRumors.com
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