Apple Inc told employees Jan 17 that it’s issuing a bonus of US$2,500 (RM9,890) worth of restricted stock units, following the introduction of the new US tax law, according to people familiar with the matter.
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 authorised to speak publicly. The move comes on the same day Apple said it would bring back most of its cash from overseas and spend US$30bil (RM118.69bil) in the US over the next five years, funding an additional technical support campus, datacentres and 20,000 new employees.