Why did they do it though?
I am from the UK, applied to apple US and was instant rejected due to not being from the US. This news doesn’t match my experience.
I’m getting ready to graduate and was looking for an internship. My friend who’s already graduated had some friends at other companies and was asking around on my behalf to see if they had any internal postings. Of the 4 people he’s asked 3 of the were currently only hiring either a gay person or minorities. Kinda seems fucked up.
I call BS on that. i’ve been in a hiring position at several large companies and the first thing they tell you is NEVER ask about age, religion, sexual orientation, etc. It’s very much against the law.
Nobody in their right mind would ever say out loud “sorry we’re only hiring gays or minorities for this position”. Even if that’s what’s happening behind the scenes, you absolutely can’t admit it publicly. If you can find a place that has done so, report them to the feds. They’re in big trouble.
Absolute bullshit.
Now do the rest of Silicon Valley. Cheaper to sponsor a visa than hire a citizen.
The equivalent of me being fined 25 cents
This is happening all over tech. Nobody wants to hire US workers they’d rather hire 10-20 people in Philippines or India at the same cost as 1 US employee with benefits
They got off light. As always.
yeah missing a few zeros at the end.
Apple should be fined 25 billion? Why?
For the same reason driving tickets are proportional to your income in some countries.
Because only then would the fine have any power.
Sadly, IMO, the U.S. is not producing grads with the skills and work ethic needed for today’s STEM jobs, which is why Apple pursued this strategy in the first place.
As a hiring manager, it’s hard to find anyone from the U.S. who actually treats their job like a job. Entitlement is rampant.
Once again. This is a nationwide problem. Everywhere is outsourcing
Apple likes to give tons of money and employment to genocidal dictatorships like China
Apple powers chinas current massive military expansion which could be used to kill Americans among many others
Saudi Arabia and Qatar don’t count as genocidal dictatorships?
We Americans are super close friends with
Saudi Arabia 🇸🇦 and
Qatar 🇶🇦
Or the easiest example, the US throws hundreds of billions of dollars in aid and military support to Israel, which is actively committing genocide right now and killing journalists to cover it up.
When you can’t legally own slaves, import them!
The “slaves” in question here are being compensated between 160K-220K base salary, and 250K-350K total comp.
via the southern border.
They hire foreign workers because they are much better workers and a lot smarter
This is delusional. They hire these workers because they’re on work visas and basically have to tolerate whatever bullshit Apple throws at them because if they quit or get fired they’re going back to their home country
while getting paid 200-500k or higher total compensation a year
Apple made 96 billion last year or $182,650 a minute just about.
They paid this fine in 2.3 hours.
Think about what qualified people lost when they literally can’t work for these companies. Literal pennies in fines that they have to pay.
Yep, having Apple on your resume can change your whole life. Not to mention the highly competitive salaries for even moderately technical positions.
It should be something that will genuinely hurt their bottom line. Like in a clear case of malice and trying to skirt the law like that? A guilty verdict should carry a fine of 30% of all revenue, not profit, for the [fiscal] year.
No accounting tricks and barely slap on the risk fines. A fine that risks profitability to the shareholders they are (supposedly) accountable to. Executives wouldn’t touch a program like what just pulled with a 10 foot pole.
“You think too much of me, kid. I am not that clever. All I want is a truce.” - The Federal Government
Now sue the other companies doing the same, Google, JPMorgan Chase
$25 million is nothing. Thats probably what they make in a days worth of sales, probably even less than a day. This is pocket change for a corporation of their size. They probably knew what the fines would be and decided it was cheaper to pay that than do the right thing. Hell, corporations allocate part of their budgets for fines and penalties; it’s an incidental part of doing business for them.
Someone did the math in the comment below yours. Roughly 2 & 1/3 hours of sales
Well I’ll be damned. My estimate was way off.