Apple recorded a 2.3% increase in job openings from April to July 2023, according to data from Verdict’s research for Disruptor. Despite the economic downturn and the layoff trend that many tech giants have followed in recent months, Apple seems to be an exception in the tech industry, certainly in a positive sense.

For the second quarter of 2023, the company reported quarterly revenue of $94.8 billion, down 3% year-over-year. During the company’s second-quarter earnings discussion with CNBC, CEO Tim Cook said it was possible to streamline Apple’s workforce.

“I view that as a last resort and, so, mass layoffs is not something that we’re talking about at this moment”, said Tim Cook.

The CEO seems to have stayed true to his words.

Apple’s job growth is in stark contrast to other tech companies, including Alphabet, Meta, Microsoft and Amazon.

Apple’s next quarter results are due on August 3 and follow a historic high when the company became the first publicly traded company to end the trading day with a market value of $3 trillion in June 2023.