Apple Inc, facing a resurgence in COVID-19 cases and the fast-spreading Omicron variant of SARS-CoV-2, is delaying its corporate return-to-office deadline from Feb. 1 next year to a “date yet to be determined.”
Employees were informed of the move via a memo sent by Apple chief executive officer Tim Cook on Wednesday.
An Apple spokesman confirmed the decision to Bloomberg News.
Photo: EPA-EFE
The delay comes just weeks after the company asked employees to begin returning by February, a timeline that had already been pushed back several times.
The lack of a firm date shows the struggle that companies face in trying to get their operations back to normal.
Fellow tech giant Microsoft Corp scrapped its return-to-work date in September.
“We are delaying the start of our hybrid work pilot to a date yet to be determined,” Cook said in the memo. “Our offices remain open and many of our colleagues are coming in regularly, including our teams in Greater China and elsewhere.”
The decision had been made based on “rising cases in many parts of the world and the emergence of a new strain of the virus,” he said.
Cook also strongly encouraged employees to receive COVID-19 vaccinations and booster shots, saying that “this is by far the best way to keep you and your community safe.”
Apple had previously delayed its office-return plans from June, September, October and January. The latest decision comes as the company restored its mask mandate to all US retail stores and temporarily shut three locations because of rising virus cases among employees.
In the memo, Cook also said the Cupertino, California-based company would provide each employee a US$1,000 bonus that might be used for work-from-home needs, saying that it is “in support of our commitment to a more flexible environment.”
That includes retail workers, he added.
“These funds are intended to help you with your home workspace and can be used as you see fit. You will be receiving more information about this shortly,” he said.
When Apple’s staff eventually returns to the office, they would be expected to work in-person on Mondays, Tuesdays and Thursdays. They would be allowed to work from home on Wednesdays and Fridays depending on their team. The company is also offering an additional one month of work-from-home time.
Apple workers would get at least four weeks notice before a new back-to-the-office deadline takes effect, Cook said.
“As we look forward to more of our teams being together again, we will continue to make decisions based on local conditions,” he said.
SECOND-RATE: Models distilled from US products do not perform the same as the original and undo measures that ensure the systems are neutral, the US’ cable said The US Department of State has ordered a global push to bring attention to what it said are widespread efforts by Chinese companies, including artificial intelligence (AI) start-up DeepSeek (深度求索), to steal intellectual property from US AI labs, according to a diplomatic cable. The cable, dated Friday and sent to diplomatic and consular posts around the world, instructs diplomatic staff to speak to their foreign counterparts about “concerns over adversaries’ extraction and distillation of US AI models.” Distillation is the process of training smaller AI models using output from larger, more expensive ones to lower the costs of training a powerful new
Shares of Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) have repeatedly hit new highs, but an equity analyst said the stock’s valuation remains within a reasonable range and any pullback would likely be technical. The contract chipmaker’s historical price-to-earnings (P/E) ratio has ranged between 20 and 30, Cathay Futures Consultant Co (國泰證期) analyst Tsai Ming-han (蔡明翰) told Central News Agency. With market consensus projecting that TSMC would post earnings per share of about NT$100 (US$3.17) this year, supported by strong global demand for artificial intelligence (AI) applications, and the stock currently trading at a P/E ratio of below 25, Tsai said the valuation
The artificial intelligence (AI) boom has triggered a seismic reshuffling of global equity markets, with Taiwan and South Korea muscling past European nations one by one. With its stock market now valued at nearly US$4.3 trillion, Taiwan surpassed the UK, Europe’s biggest market, earlier this month, data compiled by Bloomberg showed. South Korea is about US$140 billion away from doing the same. The tech-heavy Asian markets have shot past Germany and France in the past seven months. The shift is largely down to massive gains in shares of three companies that provide essential hardware for AI: Taiwan Semiconductor Manufacturing Co (TSMC, 台積電),
The US Department of Commerce last week ordered multiple chip equipment companies to halt shipments of certain tools to China’s second-largest chipmaker, Hua Hong Semiconductor Ltd (華虹半導體), its latest action to slow the country’s development of advanced chips, two people familiar with the matter said. The department sent letters to at least a handful of companies informing them of restrictions on tools and other materials destined for two Hua Hong facilities US officials believe make China’s most sophisticated chips, the people said. Top US chip equipment companies Lam Research Corp, Applied Materials Inc and KLA Corp, each of which has significant