KEY POINTS
  • Some Apple employees who expected a bonus in April will have to wait until October, according to a new report in Bloomberg.
  • Apple is also more closely watching travel budgets and leaving some positions open, according to the report.
  • Apple hasn't laid off employees, but it has dramatically slowed hiring in many divisions outside of engineering.

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Apple CEO Tim Cook arrives for the season three premiere of "Ted Lasso" at the Regency Village Theater in Los Angeles, California, on March 7, 2023.

Apple is delaying bonuses for some of its employees, according to a new report in Bloomberg.

Some teams were on a twice-a-year schedule with bonus payouts in April and October, according to the report, but now they'll receive the full amount in the fall. Apple is also more closely watching travel budgets and leaving some unfilled positions open, according to the report.

In this article