Recruiters see Apple employees applying at rival tech companies, stock price to blame

Recruiters see Apple employees applying at rival tech companies, stock price to blame
Global Equities Research analyst Trip Chowdhry mentioned in an interview that a talent exodus is starting to be observed at Apple, induced by the latest mishaps in the stock price.

Tech recruiters are saying that Apple employees are applying for jobs at Facebook, Google, LinkedIn and even HP, though nobody mentioned Microsoft here. The analyst warns that this loss of the cool factor of working at Apple for the employees represents the biggest threat to the company in the long run, and employees there need to be treated "like gods" for running the most profitable tech company in the world.

Still, both the Global Equities Research analyst and the Apple-centric Gene Munster of Piper Jaffray think that Cupertino has some spare arrows in the quiver, with the low-cost iPhone and the upcoming iWatch and iTV at some point next year, which will likely push the stock price higher towards the end of the year, and boost employee morale as needed.

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21 Comments

1. wendygarett unregistered

You can always recruit me anytime Apple :) btw, is apple safe from sexual harassment?

3. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

why should Apple pay you since you are doing their marketing work 24 by 7 for free. Lol!

15. ITEngineer

Posts: 54; Member since: Mar 26, 2013

no disrespect, but are you sure that you are very sexy in order to be worried about being sexual harassment?....just asking

2. Insignificant

Posts: 192; Member since: Sep 22, 2012

iQuit You know things are getting desperate when they're applying for jobs at Facebook lol...

4. Whateverman

Posts: 3295; Member since: May 17, 2009

"iQuit" Man, you beat me to it, LOL!

21. Reluctant_Human

Posts: 910; Member since: Jun 28, 2012

Even worse, they're resorting to applying for jobs at HP. Things are so volatile there that I wouldn't even apply for a job at HP if I was flipping burgers at McDonalds.

5. Whateverman

Posts: 3295; Member since: May 17, 2009

The funniest part is where they saw, "though nobody mentioned Microsoft here", lol! As it stands currently, that's like jumping from one sinking ship to another. But I think both companies can and will turn things around. Apple should put out that larger iPhone and M$ should make Windows 8 a little more user friendly.

6. rromerof

Posts: 57; Member since: Nov 28, 2012

WP is very user friendly. Maybe the problem is the non-customizable interface like wallpapers, etc.

7. Whateverman

Posts: 3295; Member since: May 17, 2009

No, sorry. With WP, I think you dead on! The no customization thing just kills it for many. I was referring to Windows 8 for desktops. I kinda like W8, but the confused looks I see when people are trying to look for a new computer just says it all. Then there's confusion with touchscreen and non-touchscreen desk and laptops. Maybe once people let go of XP and W7, and just except this is the new Windows things will look much better for M$.

12. Googler

Posts: 813; Member since: Jun 10, 2013

Have to disagree. I took a W8 laptop back and exchanged it for a W7 simply because of how 8 works. I've been using Windows since 3.11 and absolutely hate 8 for how it's set up and operates, and I'm not even close to being alone. The sales rep told me MS was thinking about giving people back the Start button in desktop mode because the feedback on it has been extremely negative. 8 might work fine on phones and tablets, but for people like myself, and many in the enterprise world, it doesn't cut it. Prediction: W9 will go back to much of how W7 looked and operated like.

14. Whateverman

Posts: 3295; Member since: May 17, 2009

Oh, wow! I guess testing it out in a store and living with it 24/7 is a totally different thing. Thanks for the insight.

16. Googler

Posts: 813; Member since: Jun 10, 2013

Oh, wow! I guess taking it home and returning it days later went over your head. Thanks for the insight, and reading comprehension.

19. Whateverman

Posts: 3295; Member since: May 17, 2009

I was being sincere. I've only seen it in the stores, so my impression was that it was nice. I thanked for your insight because I thought you were saying it's much different when you actually live with it. Now is there another message that went over my head that I'm not getting, or is that what you're saying? I feel the heat coming off of your comment and I don't understand why you would say your comment went over my head, and then mock me for being cordial. What gives?

20. VZWuser76

Posts: 4974; Member since: Mar 04, 2010

That's what I thought too. But after getting it home and putting it into use it was a different story. After giving it a month, my current situation is I'm still limping my Vista unit along and use the W8 unit when I have no other choice (Vista unit charging). The lack of a start button is annoying, but having to do a search everytime I want to access a program is what sent me back. I understand that I can pin the program to the Metro screen, but I have a lot of programs I need access to, and having a ton of apps pinned is a pain, so it's just simpler to use Windows pre 8. Plus there is also a difference in apps run from the Metro screen and the classic start screen (the Start IE can stream almost any site but can't send them out the hdmi, the Metro IE can only stream some sites, similar to mobile browsers, but can send the content out the hdmi). The main selling point was how light W8 was compared to previous versions of Windows, but I can't see a difference in performance between it and my Vista unit. Wished I would've gotten a W7 unit before they got rid of them.

8. Googler

Posts: 813; Member since: Jun 10, 2013

Didn't Apple lose the cool factor when grandma and grandpa started buying iPhones?

9. selena1000

Posts: 85; Member since: Mar 14, 2013

leaving the richest company in the world to join facebook???hats off!!!

10. ryq24

Posts: 872; Member since: Oct 17, 2011

Samsung stocks tumbling so their employees could be next In line. :-)

11. TheMan

Posts: 494; Member since: Sep 21, 2012

People read what they want to read into these "data"... Silicon Valley is notorious for being incestuous -- at least where employees are involved. There is so much talent shifting between companies, which is why the Valley got to be the Valley in the first place. As for Microsoft, most people don't think of them as a Valley firm. Sure, there's a small presence (I'm ignoring its retail store in Palo Alto), but most of the fun happens in Washington state. Who the hell wants to move up there? My point: I question whether this is business as usual or something new.

13. Googler

Posts: 813; Member since: Jun 10, 2013

I wonder as well. People don't leave because of stock value, they leave because of working conditions, loss of faith in the company, or better offers elsewhere mostly. From what I've read, working conditions at Apple have always been stressful and the pay isn't competitive enough to keep people there long term. The people who work there are mostly like the iFans here, they believe in Apple enough to overlook the downside of things. Now that Jobs is gone, I'm sure a lot are wondering if the vision is enough so they start to look elsewhere for employment.

17. InspectorGadget80 unregistered

Wow even their OWN EMPLOYEES don't want too work for a ifail company with the same designs. Kinda shocked they don't want M$.

22. roscuthiii

Posts: 2383; Member since: Jul 18, 2010

AOL... MySpace... Apple?

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