Back to mobile site

TomTom to cut 300 jobs amid AI shift

June 30, 2025 2:39 AM EDT

TomTom mapping system is seen inside a vehicle in Eindhoven, Netherlands, November 21, 2019. REUTERS/Eva Plevier

(Reuters) -Dutch location technology company TomTom said on Monday it would cut 300 jobs as it realigns its organization and embraces artificial intelligence as part of its product-led strategy.

The group said the staff reductions concern its units working on the application layer, as well as sales and support functions.

(Reporting by Mathias de Rozario in Gdansk, editing by Milla Nissi)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters