--Apple Inc. (AAPL) is planning to cut back on hiring within some of the company's divisions, following disappointing iPhone sales and a missed holiday season revenue forecast, Bloomberg reported Wednesday, citing "people familiar with the matter."

--Apple Chief Executive Tim Cook told workers at a meeting earlier this month about the company's plans, the report said.

--A spokesman from Apple didn't respond to requests for comment, the report said.

 

Full story: https://www.bloomberg.com/news/articles/2019-01-16/apple-is-said-to-plan-some-hiring-reductions-amid-iphone-woes

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

January 16, 2019 17:20 ET (22:20 GMT)

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