Apple is giving employees $2,500 bonuses after introduction of new tax law

Apple workers below a senior-level known as director will be eligible to receive stock units

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 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 $30 billion in the US over the next five years, funding an additional technical