Apple awarded bonuses of $200,000 to $400,000 in restricted stock units to its iPhone Product Design team to retain engineers amid competition from rivals like OpenAI, which has hired over 40 former Apple employees including ex-design chief Jony Ive. The stock awards vest over four years, requiring designers to remain at Apple to receive their full value.
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Apple awarded bonuses of $200,000 to $400,000 in restricted stock units to its iPhone Product Design team to retain engineers amid competition from rivals like OpenAI, which has hired over 40 former Apple employees including ex-design chief Jony Ive. The stock awards vest over four years, requiring designers to remain at Apple to receive their full value.