Apple's $430 billion investment plan includes a new North Carolina campus and 20,000 job...

jsilva

Posts: 87   +0
Staff
In brief: Due to the company's unexpected growth since 2018, Apple plans to spend over $430 billion to increase its workforce in the US with 20,000 employees during the next five years. The investment plan also includes expanding Apple's current infrastructure and the construction of a new campus and R&D center in North Carolina.

In 2018, Apple announced a $350 billion investment to create 20,000 new jobs in the span of five years, but things went better than expected, leading to a revision of the original plan. Today the company presented it, and it seems Apple will increase its investment by $80 billion over the next five years. This investment will help stimulate the US economy by building and expanding more sites in the US, creating 20,000 job openings, and promoting the use of national suppliers.

Apple's latest investment plan will allow the company to further develop its silicon engineering and 5G technology, but that's not all. The tech giant also plans to spend its capital on national suppliers, Apple TV+ productions, and increase its physical infrastructure with new data centers, office spaces, and campus, and expanding existing ones.

Apple plans to spend over $1 billion in North Carolina to create a new campus and a development hub in the Research Triangle area. This investment will create over 3,000 new job opportunities in fields such as machine learning, artificial intelligence, software engineering, and more.


Besides North Carolina, Apple will invest in other states, including California, Colorado, Massachusetts, Washington, Iowa, and Texas, where it's building a new data center scheduled to open next year. The construction and operation of Apple's new facilities will adhere to the company's environmental-friendly objectives, promoting the use of green and renewable energies.

The company will also create jobs in areas such as silicon engineering, 5G, and electronics manufacturing, working with over 9,000 suppliers and companies across the US. Moreover, Apple will keep promoting its Advanced Manufacturing Fund, which has been quite successful in the creation of new technologies.

Tim Cook, Apple’s CEO, said that "at this moment of recovery and rebuilding, Apple is doubling down on our commitment to US innovation and manufacturing with a generational investment reaching communities across all 50 states." He also added that Apple is "creating jobs in cutting-edge fields... investing in the next generation of innovative new businesses, and in all our work, building toward a greener and more equitable future."

Permalink to story.

 

VitalyT

Posts: 5,561   +5,240
20,000 more poor souls destined to be treated as trash, and to hate their job.

20,000 more slaves, under the corporate whip, to get burnt out and defecated.
 

QuantumPhysics

Posts: 4,899   +5,447
20,000 more poor souls destined to be treated as trash, and to hate their job.


And yet they would prefer to work for Apple than be on the streets - or whatever else that their government has for them.

For every one suicide net you can point out, I can point to millions of people who would give anything to work for Apple.

Some already have.
 

seeprime

Posts: 542   +614
With all the cash Apple has on hand, I can't understand why they don't work towards planning and building automated manufacturing of some of their tech, with human guidance, in the USA. I bet that they could even get federal, state and local governments to give them massive tax breaks for doing so.
 

Irata

Posts: 1,445   +2,327
With all the cash Apple has on hand, I can't understand why they don't work towards planning and building automated manufacturing of some of their tech, with human guidance, in the USA. I bet that they could even get federal, state and local governments to give them massive tax breaks for doing so.

Tax breaks are only good if you pay taxes / have a high tax rate.
 

Theinsanegamer

Posts: 2,448   +3,601
And yet they would prefer to work for Apple than be on the streets - or whatever else that their government has for them.

For every one suicide net you can point out, I can point to millions of people who would give anything to work for Apple.

Some already have.
This is what we call "whataboutism".
 

QuantumPhysics

Posts: 4,899   +5,447
Ok, let's try. Official data shows about 132 suicides a day in US these days. I want to see 132,000,000 queuing to get a job at Apple in US, a day.


India
China
Mongolia
Nepal
Bangladesh
Indonesia
Philippines,
Brazil
Thailand


I can find you 500,000,000 who want that job.

In fact, I can get you 1,000,000,000
 

VitalyT

Posts: 5,561   +5,240
India
China
Mongolia
Nepal
Bangladesh
Indonesia
Philippines,
Brazil
Thailand


I can find you 500,000,000 who want that job.

In fact, I can get you 1,000,000,000
It was about 20,000 new jobs within the US, for US citizens. You are far off into the woods on this one.

Mongolia, LOL, they haven't supplied mortar to the world since Genghis Khan.
 
Last edited:

Geralt

Posts: 282   +333
TechSpot Elite
And yet they would prefer to work for Apple than be on the streets - or whatever else that their government has for them.

For every one suicide net you can point out, I can point to millions of people who would give anything to work for Apple.

Some already have.
To work for Apple? Only if I am dying by starvation maybe.
 
Last edited: