Apple’s Layoffs Follow Car Project Abandonment: Hundreds Dismissed

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Apple Sacks Hundreds Of Employees After Abandoning Car Project

Apple, a technological giant, is undergoing significant layoffs, primarily attributed to the termination of its ambitious car project. Initially conceived nearly a decade ago, Apple’s venture into the automotive industry has been shrouded in secrecy. However, this year, the company decided to halt further development of its first car, leading to mass layoffs.

During the peak of the Titan car project in 2018, approximately 5,000 individuals reportedly contributed to its development. Recent reports suggest that this number dwindled to around 2,000, with over 600 employees now facing termination. Nonetheless, some employees are being reallocated to Apple’s artificial intelligence division, indicating a shift in focus toward AI and robotics.

Apple's Layoffs Follow Car Project Abandonment: Hundreds Dismissed
Apple’s Layoffs Follow Car Project Abandonment: Hundreds Dismissed (Credits: Wallstreet Journal)

Tim Cook, Apple’s CEO, has emphasized the significance of autonomous systems, labeling them as “the mother of all AI projects.” With the cessation of the car project, Apple seems poised to intensify its investments in AI technologies. Notably, the company’s dedication to AI is reflected in its development of potent chips tailored for AI processing, such as the A17 and M-series chips.

The advancements in AI technology lay the groundwork for groundbreaking capabilities, with speculations hinting at significant AI breakthroughs accompanying the release of iOS 18. As Apple pivots towards AI and robotics, it signals a strategic move to capitalize on emerging technologies and reinforce its position as a leader in innovation and technological advancement.

While the termination of the car project may mark the end of one endeavor, it signifies the beginning of a new chapter for Apple, characterized by a renewed focus on AI-driven initiatives. This strategic realignment underscores the company’s adaptability and determination to navigate the ever-evolving landscape of technology and maintain its competitive edge in the market.

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By Park-Shin Jung

I am Park-Shin Jung. I am a professional content writer for cars.

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