It has been recently announced by Apple CEO Tim Cook that his company would be lending a hand towards creating job opportunities in the manufacturing sector in United States through a fund of $1 billion. This was announced by the CEO himself to the host “MAD MONEY” Jim Crammer for the first time on this Wednesday.
After making manufacturing jobs a target to be achieved by President Donald Trump, Apple has taken the initiative a little further with the fund offered for the promotion of advanced manufacturing jobs.
Apple being the leading tech giant has already served the country with two million jobs and is ready to take a step forward in the same league. According to Cook, this investment will contribute a lot towards creating more jobs in United States.
CEO Cook stated that Apple has been providing platform and creating stores for small businesses and large companies allowing them to sell their products in 155 countries. With an intention of creating more and more job opportunities and empowering next generation of developers and in turn touching human lives, more and more people are required for advanced manufacturing in United States.
For this a fund is being created with $1 billion for real manufacturing jobs. The first investment of this fund will be announced later in the month of May. This is done with the motive of developing employee base, developer base and manufacturer base.
CEO Cook said that, “By doing that, we can be the ripple in the pond. Because if we can create many manufacturing jobs around, those manufacturing jobs create more jobs around them because you have a service industry that builds up around them.”
He further talks about tax reforms and corporate government and that he hopes the government to pass an act in the future for better tax reforms.
So, here’s the good news for the fresh talent and Apple is responsible for the same!