Apple hired fewer employees than other tech firms during the pandemic hiring binge.

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Apple generated more revenue per new hire compared to its peers.

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 Apple has not resorted to mass layoffs yet.

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Saxo Bank's Peter Garnry believes this signals better management at Apple compared to other tech companies.

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Apple recently announced plans to hire its first Chief People Officer.

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Other tech companies admit they hired too much during the pandemic.

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Zoom Technologies recently announced job cuts of 15%.

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Apple's headcount increased by 20% from 2020 to 2022, compared to 60% at Alphabet and a near-doubling at Amazon.

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Apple generated more revenue per additional employee during the pandemic years than the previous three-year stretch.

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Apple is frugal by nature with tight focus on growth opportunities and good stewardship of shareholder dollars.

image credit: Google