Apple gives employees $2,500 bonuses after President Trump signed the GOP’s Tax Cuts and Jobs Act

“Apple Inc. told employees Wednesday that it’s issuing a bonus of $2,500 worth of restricted stock units, following the introduction of the new U.S. tax law, according to people familiar with the matter,” Mark Gurman reports for Bloomberg.

“The iPhone maker will begin issuing stock grants to most employees worldwide in the coming months, said the people, who asked not to be identified because they weren’t authorized to speak publicly,” Gurman reports. “Apple confirmed the bonuses in response to a Bloomberg inquiry Wednesday.”

“Apple workers below a senior-level known as director will be eligible to receive stock units,” Gurman reports. “The company has more than 120,000 employees, including those at its retail stores.”

Read more in the full article here.

MacDailyNews Take: Congrats, Apple employees!

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