Apple Plans to Increase Workforce by 50% by 2016
Press release from the issuing company
Thursday, June 6th, 2013
Apple expects to expand its Silicon Valley workforce by nearly 50 percent during the next three years, signaling the company's faith in its ability to keep coming up with hit products like the iPhone and iPad.
The projections detailed in a report released Tuesday envision Apple hiring 7,400 more workers at its Cupertino, Calif., headquarters between now and the planned completion of a new office complex in 2016. Apple Inc. now employs about 16,000 people in and around Cupertino, the company's hometown for most of its 37-year history. That accounts for about one-fifth of Apple's nearly 73,000 employees worldwide.
Apple submitted the report to Cupertino city officials as part of its effort to win approval to build a new 3.4 million-square-foot campus. Former CEO Steve Jobs likened the proposed campus to a spaceship in his final public appearance four months before he died in October 2011 after a long fight with pancreatic cancer.
Cupertino so far has been largely supportive of Apple's plans for the new headquarters, but city officials are still seeking more information to help them make their final decision on the project.
