Apple mulls fleeing Silicon Valley

Stefan Mileschin · 7th July 2021, 07:56

Crew to man the spaceship too pricey

Amid staff pushback over its plans to force a return to in-person work in autumn, Jobs' Mob is considering pulling out of Silicon Valley and look for cheaper staff elsewhere.

According to the Power On newsletter, Apple has faced a variety of problems recruiting and retaining talent because of its emphasis on Silicon Valley.

Gurman writes that Apple has been "losing talent" because of the high cost of living in the San Francisco Bay Area. "Many engineers lamented that they couldn't balance living expenses with other pursuits like college tuition for their children and long-term savings", Power On says.

Apple has struggled to diversify its workforce because of its focus on Silicon Valley. It competes with a variety of companies for talent, including Amazon, Google, and Netflix.

The cost of operations is high, and Power On reports that "Apple could get the same work out of employees demanding far lower salaries in less pricey regions". Everyone knows that Apple likes to do things on the cheap and then charge over the odds for the result.
https://fudzilla.com/news/53169-appl...silicon-valley

7th July 2021, 07:56	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,575	Apple mulls fleeing Silicon Valley Crew to man the spaceship too pricey Amid staff pushback over its plans to force a return to in-person work in autumn, Jobs' Mob is considering pulling out of Silicon Valley and look for cheaper staff elsewhere. According to the Power On newsletter, Apple has faced a variety of problems recruiting and retaining talent because of its emphasis on Silicon Valley. Gurman writes that Apple has been "losing talent" because of the high cost of living in the San Francisco Bay Area. "Many engineers lamented that they couldn't balance living expenses with other pursuits like college tuition for their children and long-term savings", Power On says. Apple has struggled to diversify its workforce because of its focus on Silicon Valley. It competes with a variety of companies for talent, including Amazon, Google, and Netflix. The cost of operations is high, and Power On reports that "Apple could get the same work out of employees demanding far lower salaries in less pricey regions". Everyone knows that Apple likes to do things on the cheap and then charge over the odds for the result. https://fudzilla.com/news/53169-appl...silicon-valley

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