Apple dismisses over 200 staff from autonomous vehicle group: CNBC
The logo of Apple is seen at a store in Zurich, Switzerland January 3, 2019. REUTERS/Arnd Wiegmann
(Reuters) - Apple Inc has dismissed more than 200 employees from its autonomous vehicle group, Project Titan, CNBC reported on Thursday, citing people familiar with the matter.
The dismissals are seen, internally, as anticipated restructuring under the relatively new leadership of Project Titan, CNBC said.
"As the team focuses their work on several key areas for 2019, some groups are being moved to projects in other parts of the company, where they will support machine learning and other initiatives, across all of Apple," the company said in a statement.
However, Apple didn't confirm or deny the layoffs.
Last year, the iPhone maker hired Doug Field, an Apple veteran and a Tesla engineering vice president, to lead the Project Titan team alongside Bob Mansfield.
(Reporting by Mekhla Raina and Rishika Chatterjee in Bengaluru; Editing by Gopakumar Warrier and Rashmi Aich)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Rupert Murdoch wish to re-merge Fox Corp and News Corp 'could happen in future,' court documents and video show
- Uber (UBER) Reiterated at Market Outperform by Citizens as AV Partners Make Progress
- Gap lifts annual profit forecast on strength of namesake brand
Create E-mail Alert Related Categories
Reuters, Rumors, Trader TalkRelated Entities
TeslaSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share