r/technology • u/geoxol • Jan 13 '23 • Helpful (Pro) 1 Bravo! 1

Apple CEO Tim Cook to take more than 40% pay cut Business

https://apnews.com/article/technology-apple-inc-tim-cook-business-d056553b10120c4a968b562cb7ece5d2
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u/squidonthebass Jan 13 '23

Anecdotal, but my brother-in-law who works for them said they go out of their way to hire when the job market is like this, it's a good opportunity to hire solid developers who got laid off without needing to pay extra buckets of cash to poach them from another tech giant.

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u/norcaltobos Jan 14 '23

It's an excellent time to hire if you are a financially stable company in any industry right now. This is the time to get the best talent and the best companies do exactly that.

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u/kiteguycan Jan 14 '23

You must be thinking tech. Blue collar and blue collar related industries are screaming for people.

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u/norcaltobos Jan 14 '23

That's always been the case. There are almost always general labor opportunities.

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u/dadvader Jan 14 '23

It's weird that generally, white collar work should be paid less than the blue one. But for some reason it is the other way around (unless specialized one ofcourse.) And I don't quiet understand it lol

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u/tigersareyellow Jan 14 '23

Why do you think white collar work should be paid less than blue collar? That's an odd take I don't think I've ever heard before.

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u/dkarpe Jan 14 '23

White collar can refer both to highly skilled, specialized fields (such as many tech jobs) and low-skilled clerical/office work. Most of the latter has been automated away, leaving only the higher paid jobs, hence white collar jobs paying more

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u/norcaltobos Jan 14 '23

It's a lot more complex than that. I can tell you the roles I recruit for require tons of training and experience. You can't just pick it up in a day or hell, even a year. It takes time to master the craft.

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u/kiteguycan Jan 14 '23

I don't mean general labour. I mean mining, construction, energy, etc. Both the white collar and blue collar roles within them. I just said blue collar so people didn't think tech.

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u/Dc_awyeah Jan 13 '23

Lol no they’ve been in a hiring freeze for some time. Places like this talk like that. But usually it’s bullshit “unicorn hires” which almost always means “a guy some VP used to work with” and definitely worked at one of the top companies. It isn’t individual contributors outside of a few isolated examples.

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u/[deleted] Jan 13 '23

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u/absolutebodka Jan 13 '23 edited Jan 14 '23

Its like the infamous amazon and netflix hiring freeze people talk about.. guess that is why their fucking recruiters call me monthly.

Maybe don't confuse your anecdote for fact? A hiring freeze does not necessarily mean 0 people get hired by the company. It's generally a drastic reduction in the open headcount for positions which isn't necessarily visible to people outside the company except in some circumstances.

For a company as large as Amazon, hiring freezes happen at a org level or at a role level. For example, Alexa could have a hiring freeze in place but AWS may not. Alternatively, only a handful of teams in an org will be sanctioned headcount while other teams will have to make do with the employees in their team. Amazon deferred a lot of new grad offers from January to June, which means that they have a hiring freeze for L4 roles. They could still be hiring for senior or managerial positions.

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u/[deleted] Jan 13 '23

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u/Dc_awyeah Jan 14 '23 edited Jan 14 '23

Lolol - I’m not just speaking from experience, I’m speaking from knowledge, right now. Downvote the facts all you want, I’m not speaking hypothetically or removed from the situation. Trust me, Silicon Valley has been in a hiring freeze since April ish. Including, specifically, Apple. Yes, in key areas they’ll all make some hires if they see someone good on the market. But they also don’t release people like that. So hiring isn’t as frequent as that sounds.

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u/[deleted] Jan 14 '23

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u/Middle-Lock-4615 Jan 14 '23

it's clear they reduced hiring overall and "only certain orgs" are hiring

https://www.teamblind.com/search/apple%20hiring

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u/iglooxhibit Jan 14 '23

Smart company, I may have my grievances with apple, buts that's just smart business. Good for them.