Apple slowing down recruiting efforts, report says

By , Apr 25, 2016

apple hq headquarters

Apple in the past few weeks has been dismissing all of its contract recruiters, reports VentureBeat. Citing a source familiar with the matter, the outlet says the Cupertino company has begun cutting full-time recruiter as well.

These moves are part of a broader plan to slow down recruiting efforts across the board, the report says, as Apple looks to reevaluate. At least 100 people are expected to be cut, and there are no new job postings for recruiters.

“You always need to have something new coming out to justify hiring,” the source said.

[…] In addition, Apple has changed the incentive structure for its recruiters. A bonus that gives recruiters 40 percent of a new employee’s base salary has been dropped to 10-15 percent, and the bonus may even go away entirely, the source said.

The reason for the large scale-back in recruiting efforts is unknown, but VentureBeat points to declining iPhone sales as a possible factor. It’s believed that Apple will report sales and profit drops in its Q2 earnings tomorrow.

Source: VentureBeat

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