Apple reportedly will curb hiring next year in response to rocky economy

The company joins other tech firms in slowing hiring as fears grow that inflation will lower consumer demand

Apple is reportedly planning to slow hiring and spending growth next year to cope with an economic downturn, which would place it in the company of American tech companies including Facebook, Amazon and Google in enacting similar measures.

The changes, first reported by Bloomberg, would not affect all teams, and Apple is reportedly still planning a major product launch scheduled for next year that includes a mixed-reality headset, its first significant new category since the Apple Watch in 2015.