Tim CookTim CookAP

Apple will cut back on hiring for certain divisions as the company re-adjusts its plans in the face of slowing iPhone sales, according to a Bloomberg report on Wednesday.

CEO Tim Cook told employees during a meeting earlier this month that Apple would reduce hiring for certain unspecified groups, but said the company would not impose a hiring freeze, Bloomberg reported citing anonymous sources. 

Cook said he still had not fully decided which groups within Apple would be affected. 

The comments were reportedly made at an all-hands meeting the day after Apple’s surprise disclosure that sales in its holiday quarter fell billions of dollars short of its expectations.

Apple did not immediately return a request for comment.

Developing…