Apple’s Tim Cook is ‘a Hall of Fame CEO’ who will avoid layoffs, analyst predicts

Apple’s Tim Cook is ‘a Hall of Fame CEO’ who will avoid layoffs, analyst predicts

Don’t expect a mass layoff announcement from Apple (AAPL) despite global economic weakness weighing on iPhone and Mac sales, says Wedbush tech analyst Dan Ives.

That’s in large part because Apple CEO Tim Cook didn’t overhire during the pandemic, unlike many of Apple’s rivals.

“Apple never hired at the pace of these other tech giants,” Ives said on Yahoo Finance Live (video above). “You’ll see cost-cutting around the edges, but Cupertino — I mean, they’re tacticians…I think it just shows…


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