The smartphone market and general economy have slowed down post-pandemic, and Apple is reacting with a lower raise for employees in 2023 versus 2022.

Apple reduces raises given to retail employees after weak iPhone quarter::The smartphone market and general economy have slowed down post-pandemic, and Apple is reacting with a lower raise for employees in 2023 versus 2022.

  • OldQWERTYbastard@lemmy.worldEnglish
    822·
    10 months ago

    The most valuable company in history with a market cap of $2.96 TRILLION dollars is screwing their employees to save an otherwise negligible amount of cash? Steve Jobs would be proud.

    • johnthedoe@lemmy.mlEnglish
      162·
      10 months ago

      At least when Jobs was being a tyrant there was proper innovation. Really try and remember the shit they put out at his prime. Shit was timeless. And all still had acceptable pricing relatively speaking.

      • cricket97@lemmy.worldEnglish
        8·
        10 months ago

        Yeah but the landscape for technological innovation is much shallower nowadays. Of course innovation was present in an age when home computers and mobile phones were on the rise. Although I do think their VR headset is relatively innovative.

        • sheogorath@lemmy.worldEnglish
          11·
          10 months ago

          I think Steve Jobs will definitely jump on the AI train and push to make AI as one of Apple’s main focus. As we all know, he’s the one who pushed for the acquisition of the company who made Siri.

          • aleq@lemmy.worldEnglish
            4·
            10 months ago

            I think we’d all be quite shocked if Steve Jobs did that. But Apple might.