

FromĀ Apple Plans to Cut Back on Hiring Due to iPhone Sales Struggles, posted Wednesday on Bloomberg News:
Cook was asked if the company would impose a hiring freeze in response. He said he didnāt believe that was the solution. Instead, Cook said some divisions would reduce hiring, according to the people, who asked not to be identified discussing private matters.
Cook said he is yet to fully determine which divisions would cut back on hiring, but said that key groups such as Appleās artificial intelligence team would continue to add new employees at a strong pace. He also emphasized that a divisionās importance to Appleās future isnāt measured by hiring rates.
My take: Sounds prudent. I believe that this is only the second leakāafter John Gruberās 11 million batteriesāto escape from the all-hands meeting whose existence was first leaked to Gurman.
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