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Businesses Apple

Apple Announces $500 Billion US Investment Plan, To Hire 20,000 People (yahoo.com) 42

Posted by msmash from the breaking-news dept.
Apple said it planned to hire an additional 20,000 staff in the US over the next four years as part of a $500 billion American investment plan. Financial Times: The $500 billion figure [non-paywalled source], spread over Trump's second term in office, includes regular spending on thousands of US suppliers, data centres and corporate facilities, as well as new initiatives such as an academy in Michigan "to train the next generation of US manufacturers." Apple will also open a manufacturing facility in Houston to build servers that can support its artificial intelligence ambitions.
President Trump "implied that the iPhone maker is investing locally because it does not want to pay tariffs," reports Bloomberg. They add pointedly that Apple "didn't say whether the new investments were already underway before Trump's win."

Apple Announces $500 Billion US Investment Plan, To Hire 20,000 People More | Reply

Apple Announces $500 Billion US Investment Plan, To Hire 20,000 People

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  • Investments (Score:5, Insightful)

    by fluffernutter ( 1411889 ) on Monday February 24, 2025 @06:56AM (#65190731)
    I have noticed a trend. It seems that good news lines like this get reported by all media (meaning right and left wing) but then the right will get bored and move onto the next thing. The 'left wing' media will follow it and discover that 20k employees really turned into 5k employees plus a whole bunch of ghost openings, and that those employees were actually contractors or H-1Bs. The few Americans who actually got hired were for mediocre pay. The right wing may end up getting whiffs of this, but then Trump will get up on his podium and remind people that only the right wing media tells the truth and all the other media is fake news and they will blindly accept it along with hearing how helping the Palestinians by moving them all to a new wonderful place is going so very well and the Ukraine is about to accept the very best deal made to them because how can they turn it down.
    • We are going into a recession. There's absolutely no stopping that now. The ridiculous amount of government spending cuts alone would be enough to drive us into a recession. Not to mention all the chaos created by it. People do not realize how integral to their daily lives the US government is because you're taught to think of yourself as some sort of Uber individual. Trump is fucking with systems that are fundamental to our food supply for Christ's sake.

      Also the tariffs combined with the trillions of do
      • Except the last time the inflation was global, so there was a lot of room to blame global market forces. It will be interesting this time because the US may experience inflation while there is a glaring contrast to other countries. I expect Trump will have to explain to his followers that things are worse in Canada and we will be overtaken any time now and they will lap it up.

        • Keep in mind he tells his followers that socialism doesn't work and fails everywhere its tried, except for strong contrary examples in Europe. His followers eat this up, since they a) don't know what socialism is, and b) don't have the desire and/or money to see the world.

          And hey, by just agreeing to do whatever Pooty wants to do, I'm not convinced the rest of the world isn't going to suffer in bespoke ways while we undergo staglfation.

      • Re: (Score:3)

        by gtall ( 79522 )

        It is a bit worse, all it will take is one more national disaster and two tools the U.S. government uses to fight those either are or are going to be knackered: FEMA and the CDC. The former will be unable to respond to hurricanes. The latter is used to coordinate responses to epidemics including disease outbreaks. The former la Presidenta agreed with himself that they can be handled by the States. What will he do when Texas gets nailed? The latter will be made worse because of the addled fellow he put in ch

      • Re: (Score:2, Insightful)

        by Iamthecheese ( 1264298 )
        The federal government should not be a jobs program. That's broken window economics and it doesn't work. You're taking money from some people and giving it to others and saying, "See? I created wealth!" Infrastructure and education are different but you're not advocating for those jobs, you're complaining that jobs that don't actually accomplish anything are being cut.
        • America pays three times more for healthcare than Canada because of that attitude, yet only 40% of Americans are confident they will be taken care of if they get seriously ill. Recently some privatization has crept in in Canada and it has been found that it is costing us millions. Private clinics in Alberta are costing us twice as much as public clinics. There are people all over Canada complaining that private clinics cheaped out and gave them minimum cataract treatments with the least chance of long te
          • You're putting words in my mouth by arguing against what I didn't say. I support single payer health care. That doesn't mean I think we should keep unproductive government workers. Single payer health care? Yes. That, but including an extra 20,000 workers to fill out congressional district "jobs" programs? No. As for public vs private work that's a whole separate argument.
            • Then point to any example where private services have been better and less expensive than public. It never happens. Also prove that you aren't getting good value from those government employees rather than parroting the tired line of how useless they are. What is Musk cutting that you didn't need? Pandemic preparedness? Nuclear monitoring? The CIA? The FBI? Traffic safety? Monitoring for meteor threats and learning about space? He is doing it under the guise of cost cutting but the truth is you wi

      • Re: (Score:2)

        by AmiMoJo ( 196126 )

        I assumed it was off the back of some free money promises. Some tax breaks, a grant or three. Some good news for Trump to tout, and Tim Apple's next bonus secured even with the recession looming.

      • If you are able to plan over timeframes longer than three quarters a recession is an excellent time for research spending, as well as construction. You can pick up labor and materials cheaper and won't have to compete with your own production in the short term.

        That is a load-bearing 'if', though. The median businessman has no idea how capitalism works and at the 90th percentile they are actively opposed.

  • What caused them to shut down their assembly plants in the US? They were profitable then. Their computers cost approximately twice as much as a PC with the same capabilities when they shut them down, so clearly it wasn't an inability to pay workers in this country.

  • Repeat! (Score:3)

    by methano ( 519830 ) on Monday February 24, 2025 @08:33AM (#65190927)
    This isn't a repeat story from /., its a repeat story from Apple. Seems like this was a big trend some time ago when they announced that the Mac Pro, that trashcan shaped one, was going to be made in the US of A. Lots of hoopla about that and how it would be the start of a return to America for manufacturing. Unfortunately, they only sold about 27 of those computers among many manufacturing problems and the story just withered away. Let's see how this goes. I suspect that the earlier poster (investments) is pretty accurate.

  • They were going to spend all of this money on these things anyway. This is just a marketing act to help Trump. Happens in politics on both sides all of the time.

  • makes another announcement. Wow. Frucking earthshaking.
    I have an idea, lets make the announcement, then drag our feet for a few years. Surely, we have to launch a study?
    When the results of the study are announced, we can make another announcement about the results.

    Current results? We have made an offering to the new King of The World.
    Hopefully, he'll ignore us now.

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