Home News Apple May Have A Hiring ‘Problem’ In Silicon Valley

Apple May Have A Hiring ‘Problem’ In Silicon Valley

Apple May Have A Hiring ‘Problem’ In Silicon Valley

One would assume that recruiting people — or retaining them — wouldn’t be a problem for one of the world’s biggest companies. However, according to Bloomberg, Apple may be facing this problem. Mark Gurman at Bloomberg suggests that Apple has been losing talent because of how high the cost of living is in the San Francisco Bay Area. “Many engineers lamented that they couldn’t balance living expenses with other pursuits like college tuition for their children and long-term savings,” Gurman said in his newsletter for Bloomberg.

Apple, as per Gurman, is looking to “decentralize” out of Silicon Valley. Senior executives like Johny Srouji, Eddy Cue, and Deirdre O’Brien are working to rectify the issue. Sroudji, head of Apple’s custom silicon, has been in favor of looking beyond Silicon Valley. Gurman writes that the group headed by Sroudji has opened up offices in Florida, Texas, Massachusetts, Israel, and parts of Asia in the last few years. Recently they have expanded in Germany, Oregon, and San Diego.

Cue, who heads Apple’s online services, has encouraged investment in multiple offices in Los Angeles as well as in Nashville. Gurman says that Apple chief operating officer, Jeff Williams, has been looking at the cost benefits of having a more global workforce.

Apple has been expanding in Los Angeles, San Diego, Oregon, Colorado, Iowa, Miami, and New York in the US.

Gurman also says that Apple faces a struggle to diversify its workforce as it competes with Amazon, Google, and other tech companies in Silicon Valley. “Apple could get the same work out of employees demanding far lower salaries in less pricey regions,” said Gurman in his newsletter.

He further said that Apple will face a challenge outside of Silicon Valley as well because of requiring in-person work, which could restrict the company’s talent pool.

Eskalera, a Startup Led by Goldman Sachs’ Former HR Head Has Launched a Diversity and Inclusion Index

Eskalera, a technology startup led by Goldman Sachs former human resources head Dane Holmes, has launched an index to measure corporate diversity and inclusiveness,...

HSBC to Remove 35,000 Jobs Amidst Covid-19 Crises

HSBC Holdings Plc has restarted cutting as many as 35,000 jobs, three months after the coronavirus outbreak forced it to pause a long-awaited overhaul...

Genpact Offers Its Internal Skill Training Program Globally for Everyone

Genpact has announced Adapt and Rise, a role-based online learning platform that leverages Genpact's expertise honed from delivering real-world change for hundreds of clients....

San-Francisco Based Learning Platform Degreed Has Raised $32 Million in New Funding

The upskilling platform, Degreed, has announced $32 million in new funding in direct response to overwhelming demand for better skill insights, talent mobility, and...

Research Shows the Implications of Workplace Layouts on Employee Productivity and Overall Performance

As some workplaces prepare for the gradual return of employees and overhaul office layouts and seating plans, research has shown this could also have...

Employee Concierge ‘Back Technologies’ Integrates Automation Into Internal HR and Other Support Tasks

Companies are under increasing pressure to automate workflows and digitally service their employees, particularly in light of trends toward remote work. It takes an...

HR Strategies to Help Your Business Navigate the New ‘Normal’

No business is immune to the massive changes resulting from the health crisis. Organizations have proven themselves to be agile, and employees have demonstrated...

The Importance Of Diversity And Inclusion In HR, Hiring, Talent Management: Thoughts From A Top Expert

Michael C. Hyter is one of today’s best-known experts on inclusion and diversity and the author of The Power of Choice: Embracing Efficacy to Drive Your Career and The...

HR Expert Highlights Actionable Steps to ‘Make Real Change’ Against Racism in Your Workplace

Kyra Leigh Sutton, Ph.D., is a faculty member at the Rutgers University School of Management and Labor Relations, where she teaches human resources courses...

Adidas Employees Want Company to Investigate HR Chief for Response to Racial Issues

A group of Adidas employees from around the globe is asking the company to investigate its chief human resources officer, as part of a...