The series of layoffs precedes the upcoming tech earnings next week, with Alphabet, Amazon, Apple, Meta, and Microsoft set to report quarterly results. Read more.
Apple is no longer one company that hasn't laid off employees yet. Some Apple employees might find themselves unemployed soon. Apple is reportedly laying off a few of its employees for the first time, possibly cutting costs to lower its expenses for 2023.
From small startups to large multinational corporations, tech companies of all sizes have been forced to let go of employees in droves, leaving many wondering why this is happening.