Nigeria, June 30 -- Dutch navigation company TomTom announced on Monday that it will lay off 300 employees approximately 10% of its global workforce as part of a strategic reorganization focused on integrating artificial intelligence.
The affected roles span the application layer, sales, and support functions.
Once a pioneer in digital car navigation, TomTom has faced declining demand as users shift to smartphone-based navigation. The company currently employs around 3,600 people worldwide.
TomTom expects its 2025 revenue to fall to between €505 million and €565 million, down from €574 million in 2024. CEO Harold Goddijn cited trade uncertainties and short-term unpredictability but expressed confidence in the company'...
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