Apple has fired near 200 employees from Project Titan

Dismissals from Project Titan was expected due to current restructuring and change of management, according to the CNBC statement. Doug Field which had left the Apple for becoming chief engineer in Tesla came back.

Apple said that some groups of staff will switch to other company`s departments where they will work on machine learning technologies and other research.
“We have an incredibly talented team working on autonomous systems and associated technologies at Apple. 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 spokesperson said.
Also, in accordance with the company`s statement, the sphere of self-driving cars is perspective and important for Apple.
“We continue to believe there is a huge opportunity with autonomous systems, that Apple has unique capabilities to contribute, and that this is the most ambitious machine learning project ever,” company`s representatives added.
It is not known precisely how many workers were fired or switched to other departments. But we certainly know that Apple dismissed hundreds of the staff members from Project Titan in 2016.
One more fact, even so, Apple increased the count of self-driving cars to 45 units in March 2018.

The information above cannot be considered as an investment advice and past results do not indicate future performance.
**Investors should have experience and understand the risks of losing all the initial investment

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