Mass layoffs are ‘last resort’, says Tim Cook
By
Neha Kumari
As tech layoffs continue unabated amid the global meltdown, Apple CEO Tim Cook has said that mass layoffs are a “last resort” for him.
The tech giant, however, is reducing costs and has slowed down the pace of hiring.
Cook told CNBC that he views layoffs “as a last resort” and “mass layoffs is not something that we’re talking about at this moment”.