How has Apple avoided layoffs (so far)? 🍎
The Daily Top 7 News and Trends
The NextBigWhat newsletter brings you curated and summarized business and tech news every day. Stay up to date on the TOP 7 trends and news in just two minutes!
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(BIG)Idea of the day
Your best source of power in any negotiation is your ability and willingness to walk away and take another deal.
From: Negotiation skills you must learn to succeed, read key ideas from the article on NextBigWhat.
Here are today’s Top 7 news: 👇
1. Software engineer loses job three times in four months
A software engineer recently shared a viral post on the anonymous workplace app Blind.
He has been laid off by Google after joining two months ago.
He was previously fired from Amazon in November and Snap in September.
2. PEs and VC Firms Urge Tax Parity in Upcoming Budget
Private Equity (PE) and Venture Capital (VC) firms call for tax parity in the upcoming budget.
Differential tax treatment for listed and unlisted securities is distorting asset allocations.
3. iPhone 14 Pro Max loses its fastest download speed title to two Android devices
Last fall, iPhone 14 Pro Max launched and became the fastest download speed device, beating out competitors such as Samsung’s Galaxy S22 smartphones.
In the latest report, the iPhone 14 Pro Max has lost its download speed title to two Android devices.
4. Meesho alters returns process to cut costs, sparks seller protests
Meesho modifies its product returns policy based on feedback from its third-party logistics partners.
Returns are a major expense for e-commerce companies in India, as it increases logistics costs.
These changes have triggered protests from sellers.
5. Apple’s workforce grew by 20% in the past three years
Apple has avoided layoffs by carefully managing its hiring process.
The company’s workforce has grown by 20% in the past three years, much slower than its competitors.
Apple has also implemented cost-cutting measures, such as eliminating free lunches.
6. Genesis Capital bankruptcy case to have first hearing on January 23
The case will be heard by Judge Sean H. Lane of the Southern District of New York Bankruptcy Court.
The court will decide whether to grant the relief sought under Chapter 11 by Genesis Global Holdco and two of its lending business subsidiaries, Genesis Global Capital and Genesis Asia Pacific.
7. Apple reportedly cancels plans for HomePod mini update
Apple may have scrapped plans for a new HomePod mini.
The HomePod mini was first introduced in 2020 and has not had a hardware refresh since then.
The smart speaker market is one of the fastest growing markets.
It appears that no update is in the works for the HomePod mini.
From NextBigWhat:
Make It Rhyme
If you’re one of a series of freelancers invited to make a presentation before a potential client, including a rhyme, can enhance the processing fluency of your listeners, allowing your message to stick in their minds when they compare you and your competitors.
Read more here: To Sell Is Human - Daniel H. Pink
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