Don't panic just yet, but Apple ($AAPL) hiring has slowed for the first time in a while.
On January 1, 2019, Apple had 4,903 jobs listed online. As of Friday, it listed 4,008 openings. That's a drop of 18% since the new year.
A slight drop in hiring isn't necessarily a bad thing. In many cases, this means that newly created teams are finally in place and a company is slowly its hiring process as it pushes forward. It also can mean that a company — Apple in this case — is simply shoring up spending on new talent as it looks to maximize profits. And, to be fair to Apple, the company is still looking to hire more than 4,000 people.
That all said, this does mark the first time the company has reduced the number of open positions since last summer.
The reduction is possibly linked to our recent finding that, for the first time, Apple is hiring more software engineers than hardware engineers for the first time since at least 2016. That said, Apple's Software and Services category saw the largest drop in openings at 287. Other slowdowns in hiring included Apple's Corporate Functions (251 openings), Marketing (113 openings), and Support and Services (103 openings).
Brand |
1/1/2019 |
3/9/2019 |
Change |
% Change |
Corporate Functions |
405 |
154 |
-251 |
-62.0% |
Support and Service |
239 |
136 |
-103 |
-43.1% |
Marketing |
299 |
186 |
-113 |
-37.8% |
Not Available |
180 |
120 |
-60 |
-33.3% |
Operations and Supply Chain |
335 |
252 |
-83 |
-24.8% |
Design |
44 |
36 |
-8 |
-18.2% |
Software and Services |
1590 |
1303 |
-287 |
-18.1% |
Hardware |
1130 |
1066 |
-64 |
-5.7% |
Sales and Business Development |
273 |
278 |
5 |
1.8% |
Apple Retail |
376 |
413 |
37 |
9.8% |
Students |
17 |
63 |
46 |
270.6% |
However, based on percentage change differences, the hardest-hit division appears to be Corporate Functions, which has seen a 62% new-positions hiring slowdown since the new year. Support and Service comes in second with a 43.1% drop, followed by Marketing at 37.8%.
The Corporate Functions at Apple handle many tasks, from HR to Real Estate and Development. It's possible that now that Apple has its new futuristic headquarters in place and a new campus in Austin underway, it's slowed its hiring for those support teams.
Location Text |
1/1/2019 |
3/9/2019 |
Change |
% Change |
---|---|---|---|---|
Santa Clara Valley (Cupertino) |
2615 |
2011 |
-604 |
-23.1% |
Austin |
277 |
183 |
-94 |
-33.9% |
Singapore |
167 |
111 |
-56 |
-33.5% |
Shanghai |
173 |
136 |
-37 |
-21.4% |
Cork |
87 |
65 |
-22 |
-25.3% |
Hyderabad |
60 |
42 |
-18 |
-30.0% |
Nanshan |
22 |
7 |
-15 |
-68.2% |
Sacramento |
30 |
16 |
-14 |
-46.7% |
Tokyo |
60 |
46 |
-14 |
-23.3% |
Sydney |
30 |
17 |
-13 |
-43.3% |
Uxbridge |
18 |
8 |
-10 |
-55.6% |
Shenzhen |
26 |
20 |
-6 |
-23.1% |
San Francisco |
28 |
22 |
-6 |
-21.4% |
Bengaluru |
10 |
6 |
-4 |
-40.0% |
Taipei |
13 |
9 |
-4 |
-30.8% |
Paris |
20 |
16 |
-4 |
-20.0% |
Cambridge |
14 |
11 |
-3 |
-21.4% |
Hong Kong |
17 |
14 |
-3 |
-17.6% |
Kanagawa |
29 |
26 |
-3 |
-10.3% |
Mexico City |
10 |
8 |
-2 |
-20.0% |
Hiring slowdowns, however, appear to be across the board when it comes to locations, with Apple's Santa Clara Valley headquarters and aforementioned Austin facility seeing the largest reductions in openings at 604 and 94 fewer openings, respectively.