KEY POINTS
  • Apple has cut over 200 employees from Project Titan, its stealthy autonomous vehicle initiative, people familiar with the group tell CNBC.
  • A former Apple and Tesla executive, Doug Field, returned to Apple in August to work on Project Titan, alongside Bob Mansfield.
  • The Project Titan layoffs were billed internally as a restructuring under the relatively new leadership.
Tim Cook, CEO, Apple 

Apple dismissed just over 200 employees this week from Project Titan, its stealthy autonomous vehicle group, people familiar with the matter told CNBC.

An Apple spokesperson acknowledged the layoffs and said the company still sees opportunity in the space: