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Briefs: Apple to slow hiring and spending in 2023; Tesla sells majority of stake in Bitcoin

The Edge Singapore
The Edge Singapore7/21/2022 07:51 PM GMT+08  • 8 min read
Briefs: Apple to slow hiring and spending in 2023; Tesla sells majority of stake in Bitcoin
The cautious tone is notable for Apple, a company that has generally beat predictions during the Covid-19 pandemic and has weathered past economic turmoil better than many peers. Photo: Unsplash
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Quoteworthy: "Mission largely accomplished ... hasta la vista, baby." — UK’s Boris Johnson, signing off at his final parliamentary appearance as Prime Minister.

Apple to slow hiring and spending next year

Apple plans to slow hiring and spending growth next year in some divisions to cope with a potential economic downturn, according to people with knowledge of the matter.

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