Apple being "very deliberate" on hiring amid economic uncertainty, says CEO Tim Cook

Apple, the world's most valuable company, has slowed some hiring, according to CEO Tim Cook, amid a wave of layoffs in Silicon Valley and an unpredictable economic future. 

"What we're doing as a consequence of being in this period is we're being very deliberate on our hiring," Cook told "CBS Mornings" at Apple's headquarters in California. "That means we're continuing to hire, but not everywhere in the company are we hiring."

Companies from ride-sharing platforms Lyft to mighty Amazon have either shed jobs or put their hiring plans on hold as the U.S. economy slows. Facebook's parent company Meta said last week it is slashing 11,000 jobs – the most significant job cut in its history.