Even as other industries struggled during the pandemic, tech companies prospered because so much of the economy shifted online. Now they are preparing to take a direct hit.
PC chip giant Intel on Thursday
Apple said it sees the growth of its services business continuing to slow, even as it projects the company's overall revenue will grow faster in the current quarter.: Tech companies are hitting the brakes, especially when it comes to hiring. Just a few months ago their biggest challenge was finding enough qualified people to fill open jobs.
Even Apple plans to slow its hiring pace. CEO Tim Cook told analysts Apple will continue to hire in key areas, but noted, "We are being more deliberate in doing so."Between the lines
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