3 ms·
> If people thought the deal they have is unfair and they can get a better deal elsewhere, they'd leave in droves, This is a race to the bottom. "It's okay if
by autoexec 4y ago
> If people thought the deal they have is unfair and they can get a better deal elsewhere, they'd leave in droves,
This is a race to the bottom. "It's okay if Apple makes things worse for their employees as long as they are still not as bad as X".
I'm sure there are people who considered their bonuses when deciding to work for Apple in the first place, and I think it's telling that Apple has decided to do this at a time when companies are laying off workers and the labor market makes "leaving in droves" unlikely.
> Apple's revenues were down 5% in 2022.
Frankly, it wouldn't matter since Apple is still be making obscene profits and more than enough to treat their employees far better than they were before this change, but however bad the end of 2022 was for apple they were doing better than ever just before that.
> Cupertino, California October 27, 2022 Apple today announced financial results for its fiscal 2022 fourth quarter ended September 24, 2022. The Company posted a September quarter record revenue of $90.1 billion, up 8 percent year over year, and quarterly earnings per diluted share of $1.29, up 4 percent year over year. Annual revenue was $394.3 billion, up 8 percent year over year, and annual earnings per diluted share were $6.11, up 9 percent year over year. https://www.apple.com/newsroom/2022/10/apple-reports-fourth-quarter-results/ https://www.apple.com/newsroom/2022/10/apple-reports-fourth-...