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.
-4 points
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.
5 points
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0 points
This is my understanding from reading tech social media. Tim Cook also took a 40% pay cut earlier this year. But, people on here would rather be mad about something.
