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Apple reduces raises given to retail employees after weak iPhone quarter::The smartphone market and general economy have slowed down post-pandemic, and Apple is reacting with a lower raise for employees in 2023 versus 2022.
Yeah, they’re punishing the people that have the least influence on this outcome. And as you said, the people that are responsible for only doing incremental improvements on the product are already paid more as a baseline and probably got a bigger raise too.