Tim Cook said Apple will reduce hiring in certain divisions because of the iPhone sales slowdown

Tim Cook

AP

Tim Cook

Apple will cut back on hiring for certain divisions as the company re-adjusts its plans in the face of slowing iPhone sales, according to a Bloomberg report on Wednesday.

CEO Tim Cook told employees during a meeting earlier this month that Apple would reduce hiring for certain unspecified groups, but said the company would not impose a hiring freeze, Bloomberg reported citing anonymous sources. Advertisement

Cook said he still had not decided which groups within Apple would be affected.

Developing...

{{}}