(Bloomberg) -- Apple Inc. laid off many of its contract-based recruiters in the past week, part of a push to rein in the tech giant’s hiring and spending, according to people with knowledge of the matter.About 100 contract workers were let go in a rare move for the world’s most valuable company, said the people, who asked not to be identified because the situation is private. The recruiters were responsible for hiring new employees for Apple, and the cuts underscore that a slowdown is underway a
Oracle (ORCL) closed the most recent trading day at $79.11, moving -0.05% from the previous trading session.
(Bloomberg) -- Despite some promising economic signs recently, more tech companies are hitting the pause button on their hiring plans. They’re instituting freezes, rescinding jobs offers and even resorting to layoffs (with one CEO showing his remorse by sobbing on social media).According to Layoffs.fyi, a website tracking job cuts at startups and recently public companies, more than 37,000 positions were eliminated at 467 globally in the second quarter. That compares with fewer than 3,000 during