Tim Cook, Apple’s chief executive, made the disclosure to employees this month in a meeting the day after he penned a letter to investors about the company’s recent struggles, particularly in China. During the meeting, Cook was asked whether the company would impose a hiring freeze in response. He said he didn’t believe that was the solution. Instead, Cook said, some divisions would reduce hiring, according to the people, who asked not to be identified discussing private matters.
Source: “Los Angeles” – Google News