Technology

57432 readers

3970 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

292

Apple reduces raises given to retail employees after weak iPhone quarter (appleinsider.com)

submitted 11 months ago by [email protected] to c/[email protected]

26 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 4 points 11 months ago

The other important part here is that inflation is lower this year than last. So the extra high raises last year may have helped keep up but aren’t needed as much.

As far as I can tell there’s no direct relationship between iPhone sales and the change in raises. If anything I’d expect low sales to lead to layoffs or closing stores.