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Apple Joins Fellow Tech Giants in Putting a Lid on Hiring

  • More cautious approach mimics moves by Amazon and Microsoft
  • Most of the companies are still hiring, just not as quickly
The Apple Park campus in Cupertino, California.

The Apple Park campus in Cupertino, California.

Photographer: Sam Hall/Bloomberg

Apple Inc. is the latest major technology company to rein in hiring and spending plans, adding to the evidence that even Silicon Valley stalwarts are worried about a recession in the coming months. 

The iPhone maker is looking to limit expenditures and job growth at some of its divisions, Bloomberg reported Monday, though Apple hasn’t adopted a companywide policy. The more cautious stance mimics the approach of its tech peers, including Amazon.com Inc., Alphabet Inc.’s Google and Microsoft Corp., which have all taken steps to decelerate spending.