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Gov. Janet Mills has issued a curtailment order to address the more than $525 million budget shortfall amid the COVID-19 pandemic.

With a curtailment order, Maine governors are permitted to balance budgets when the state Legislature is adjourned.

The order, which adopts recommendations from the Department of Administrative and Financial Services (DAFS), cuts allocations state’s General Fund by $221,775,584 and to the Highway Fund by $23,000,822, according to a news release from the governor’s office.

“As all states across the nation struggle with the drastic consequences of COVID-19, this administration’s proactive fiscal management and willingness to attract and leverage federal resources has made all the difference in preserving solvency for the State’s most important functions and supporting the state’s economy," Kirsten Figueroa, DAFS commissioner, said.

"Governor Mills’ curtailment order addresses the shortfall as we know it today and ensures the continuity of crucial services for Maine residents during these unprecedented times. As we look ahead to the next biennium, we will continue to closely monitor revenue receipts, updated forecasting, and the availability of federal funds, which will be even more crucial in FY22 and FY23 if we are to avoid significant programmatic changes.”

The nonpartisan Revenue Forecasting Committee in July projected Maine’s General Fund would have a $528 million shortfall in revenue. Before the report, Mills and the Legislature had worked to set aside $106 million.

To cover the $422 million shortfall, Mills directed the DAFS to develop solutions that would minimize impact on education programs and critical personnel.

Based on the DAFS recommendations, the curtailment order:

• Replaces roughly $97 million in state spending with federal funding from the Coronavirus Aid, Relief, and Economic Security (CARES) Act Coronavirus Relief Funds; and

• Adopts approximately $125 million in departmental cost savings and efficiencies, including federal grants for departmental functions and freezing hiring for many vacant positions.

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Apple lays off 100 recruiters as it reins in hiring and spending - becoming the latest tech giant to brace for economic slowdown by slashing costs

Apple has laid off many of its contract-based recruiters after warning that it would slow hiring and rein in spending, according to a new report.

In the past week, Apple let go about 100 contractors responsible for vetting and hiring new employees, people familiar with the matter told Bloomberg on Monday.

The downsizing step was unusual for the most valuable company in the US, but follows moves by a slew of tech giants to cut costs in preparation for an economic slowdown, including Meta, Alphabet, Amazon and Tesla.

Last month, Apple reportedly warned staff of plans to slow hiring and spending growth next year in some divisions.

Apple has reportedly laid off many of its contract-based recruiters after warning that it would slow hiring and rein in spending. CEO Tim Cook is seen above

Apple, headquartered in Cupertino, California (above) had about 154,000 full-time equivalent employees as of its last report

A spokesperson for Apple did not immediately respond to a request for comment from DailyMail.com on Tuesday afternoon. 

As of its last annual report, the Cupertino, California-based company had about 154,000 full-time equivalent employees. 

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It comes after several months of rumblings in the tech sector, which has seen a sharp decline in stock valuations this year amid higher interest rates.

In May, Tesla CEO Elon Musk announced plans to lay off 10 percent of salaried staff, saying he had 'a super bad feeling about the economy.'

Netflix, which has struggled with two consecutive quarters of net subscriber losses, cut headcount by 150 in May and another 300 in June.

'While we continue to invest significantly in the business, we made these adjustments so that our costs are growing in line with our slower revenue growth,' the company said. 

Oracle, the enterprise tech giant, said earlier this month that it was moving to cut 'thousands' of jobs globally to achieve $1 billion in cost savings.

Google parent Alphabet also said last month it would slow the pace of hiring for the rest of the year. 

'Like all companies, we're not immune to economic headwinds,' Alphabet said in a regulatory filing. 

As well, CEO Mark Zuckerberg warned employees at Facebook-parent Meta that the company has cut plans to hire engineers by at least 30 percent this year.

Amazon is reportedly thinning the ranks of its hourly employees through attrition, and recently paused the construction of six new office buildings in Bellevue and Nashville.

A spokesperson for the online retail giant insisted that pausing and delay of construction will not affect Amazon's hiring plans, reiterating the firm's proposal to create 25,000 jobs in Bellevue and another 5,000 in Nashville. 

'If I had to bet, I'd say that this might be one of the worst downturns that we've seen in recent history,' Mark Zuckerberg told employees during a companywide call in late June

Alphabet CEO Sundar Pichai told employees that the company will be 'slowing down the pace of hiring for the rest of the year' 

Apple CEO Tim Cook announced on Monday that from September 5 all staff must be back at their desks at least three days a week.

The Silicon Valley company first announced in May 2021 that staff would be required back in the office three days a week.

One of their senior leaders, Ian Goodfellow, Apple's director of machine learning, announced he was quitting as a result - arguing that forcing his team back to the office was not the most productive solution for his team.

He was hired by Google 11 days later.

Tim Cook, Apple's CEO, has long pushed to get staff back to work and in a memo to staff, obtained by The Verge, said on Monday that the time had come. 

'We are excited to move forward with the pilot and believe that this revised framework will enhance our ability to work flexibly, while preserving the in-person collaboration that is so essential to our culture,' Cook wrote.

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