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.
Two years ago, they were “essential”, and the idea of them getting any kind of benefit to prevent harm was unthinkable. Shafted at both ends of the spectrum.
Having an essential role doesn’t mean you aren’t easily replaced outside of extenuating circumstances.
I think Apple gave extra high raises last year due to elevated inflation. It’s lower this year because they’ve reverted to “normal” sized percentage increases.
Last year the raises were abnormally high because Apple was trying to adjust for high inflation. This year, they’re just back to normal increases. The article makes it sound like this is some kind of pay cut, but it’s actually just that the raises aren’t abnormally high like they were last year. Seems like the article is trying to create some clickbait.
