The American company Apple wants to increase the hourly wages for its employees in the US in view of rising inflation. Starting hourly wages for workers in the United States will rise to at least $22, a 45 percent increase from 2018, the Wall Street Journal reported in an internal email from the company. Meanwhile, according to insiders, the company has doubts about whether iPhone sales will increase this year.
According to the newspaper, the new salary structure will take effect at the beginning of July. Employees criticized the company’s working conditions. Atlanta workers petitioned to form a union to become the first Apple company in the US.
China’s corona lockdowns endanger iPhone production
According to insiders, the group has adapted its suppliers to the production of about 220 million smartphones by 2022, which is roughly equivalent to last year’s level, Bloomberg news agency reported on Thursday based on acquaintances. So far, about 240 million units are expected on the market. However, Apple does not publish production targets and has not disclosed the number of iPhones sold since 2019.
Apple CEO Tim Cook had already prepared investors for a major business setback in the current quarter when he presented company figures at the end of April, mainly due to the corona lockdowns in Shanghai. “We are not immune to such challenges,” Cook had said. The difficulties would affect most product categories. In addition, according to CFO Luca Maestri, operations in Russia were halted in response to the Russian war of aggression in Ukraine.
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
