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Apple Announces $500 Billion US Investment Plan, To Hire 20,000 People (yahoo.com) 84

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:2, Insightful)

        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
              • >point to any example where private services have been better and less expensive than public

                Grocery stores, auto repair, day care, schools, space launch, making ceramic plates, Hell, even propaganda.

                >Also prove that you aren't getting good value from those government employees rather than parroting the tired line of how useless they are.

                We can argue all day about specific programs that are being cut but that's a different topic. My initial point is that employing people to be employing people is a

                • Grocery stores, auto repair, day care, schools, space launch, making ceramic plates, Hell, even propaganda.

                  Ok please list when each of those things was done publicly under capitalism so we can compare. Shit, a grocery store that didn't sponge off for profit someone every time they bought a loaf of bread would be great. Maybe at one time there were many small players competing against each other and that produced downward pressure on prices, but it is well known during the last bought of inflation the grocery stores were actually increasing their prices more than inflation.

                  • >Ok please list when each of those things was done publicly under capitalism so we can compare

                    I didn't say they were. You asked for things that have been done better privately so I gave you one. As for "done publicly under capitalism" that's a red herring, there has never been a purely communist national economy. But I know you're not trying to claim governments should sell groceries. Well, at least I'm assuming you're not a complete and total moron.
              • Man, if gov jobs and gov services are such a good thing, why did the CCCP fail so miserably?
            • The jobs programs- ignoring your fallacious reduction of their effect- aren't really what's being cut.
              It's the workers that keep the Organs of State operating.

              The fallout of this is all over the news, and it's pretty comical.
              Nevermind that it's being conducting by a group of people who have demonstrated that they're not qualified to run a website or interpret data in any analytical way, much less make decisions that matter to anyone.

              Musk and his Spy Kids team have demonstrated that they: Can't operate

            • That That doesn't mean I think we should keep unproductive government workers.doesn't mean I think we should keep unproductive government workers.

              Unproductive? Determining "productivity" is an analytical process. These assclowns are not doing any analysis. They are stumbling around and shutting down entire programs due to one goal, which is to be able to *claim* that they have "saved money". They are being "penny wise and pound foolish", as the saying goes. They are creating wreckage and claiming suc

          • Re: (Score:2, Insightful)

            by registrations_suck ( 1075251 )

            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.

            I wonder why it is that people from all around the world come to the U.S. for healthcare, instead of going right next door to Canada.

            • That happens with some people who have the money to spend on it and that is for small routine things. I have yet to hear of anyone going to the US for major things like heart surgery or cancer treatment. The American systems makes things like x-rays and scans more available so people with money go down there to skip the line. Meanwhile people come up here to have their children so I would say it balances out.
            • Again, you don't seem to understand that you're cases are only representative of people with money which is a small population. I'm taking about the other 99%.

            • Re: (Score:3)

              by Pascoea ( 968200 )

              I wonder why it is that people from all around the world come to the U.S. for healthcare, instead of going right next door to Canada.

              Because people with the ability to pay for it can afford to? Because if you have enough greenbacks you can absolutely get some of the best medical care on the planet here. Do you know who CAN'T afford to travel internationally for healthcare, or have the ability to write checks to cover 10s of thousands of dollars? Just about everybody.

            • Yup - I am sure glad Covid got me stuck in Europe. If I was back in Canada, I would have died waiting for my cancer diagnosis. Here I got diagnosed, treated and cured and it cost me almost nothing - the insurance cost is minimal.

            • I wonder why it is that people from all around the world come to the U.S. for healthcare, instead of going right next door to Canada.

              Because they can afford to fly to another country and pay out of pocket.

              Conversely as a US citizen I can go to Mexico or Thailand for a weekend for dental work and the total would still cost less than domestic care.

        • If private industry refuses to increase production because they are chasing short-term profits or using anticompetitive tactics to increase shareholder value instead of competing honestly then the government should step in.

          If you are on this forum you are a direct beneficiary of that process and policy. Because you are probably over 45 years old and you had a fuck ton of government help that you're pretending wasn't there.

          Government is nothing more than people getting together to do what private ind

        • That's broken window economics and it doesn't work.

          Fallacious argument.

          Consider, if you will, that the jobs in the US federal government improve the efficiency of the economy as a whole- like a turbocharger.

          "Jobs that don't actually accomplish anything" is a subjective assessment, and frankly, you've already shown that you lack highschool reasoning skills, so I'm not sure you should be trusted to evaluate that.

      • 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.

      • We are going into a recession.

        We can add a 4th universal constant now. 4 things are certain: Death, Taxes, Dataloss, and that rsilvergun will crap on about recessions in literally any story on Slashdot.

        You used to have opinions, when did you turn into a copypasta troll?

    • Oh oh! Maga doesn't like what we said and is downvoting us. The first people who will complain if their right to free speech is violated. Just remember that.

    • Re: (Score:2)

      by skam240 ( 789197 )

      ...and the Ukraine is about to accept the very best deal made to them because how can they turn it down.

      Look at Trump go, extorting wealth from a desperate people. What a proud day to be an American...

    • Not a bad FP and you make a good point, but the angle I'm looking for in the discussion is RoI. Just cancelling the easy zeros you get $500 million/20 = $25 million/job. This is NOT going to work out well for many people. NOT a scalable solution.

      Now off to search the discussion for Funny...

  • 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.
    • Things change with time and a lot more companies are doing more manufacturing in the USA. Some of it is because technology has reduced the number of workers, so labor costs are less of an issue. Most of it was because COVID exposed how fragile the supply chain is and many CEOs would lose their job if sales halted for 6 months because 100% of their product was made in China and China invades Taiwan and every ship sending their goods gets sunk by someone's navy. The only constant is change and what made se

  • 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.

  • Historical Context (Score:3)

    by necro81 ( 917438 ) on Monday February 24, 2025 @10:35AM (#65191343) Journal
    It's not like U.S. Presidents haven't been trying. But here's some historical context

    from 2012:
    Steve Jobs to Obama [nytimes.com]: "those jobs aren't coming back".

    Apple eventually moved some Mac assembly to the States under Tim Cook. Fig leaf appeasement? Or flexible manufacturing [dartmouth.edu]?

    What manufacturing in Asia [nbcnews.com] provides that you can't get in the US. It's not just cheap labor, but being able to rouse 8,000 factory workers from their dorms at midnight [cnet.com] when the parts arrive.

    from 2016:
    What would an American-made iPhone cost [theringer.com]?

    A mature supply chain that's difficult to replicate in the U.S. [forbes.com]

    Trump wants Apple to make in the U.S. [theverge.com]. That totally worked last time. Who knows, maybe this time is different. Certainly Apple has the cash to burn. Or maybe it'll be more like Foxconn in Wisconsin.

  • I'm not a math guy .. buy 500 billion to 20,000 is just $25 million each. Something is fishy, like how San Francisco spends $1 billion a year to house a mere 4000 homeless people like sardines on bunk beds, 100 to a room.

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