‘Embracing AI’: Dutch car navigation firm cuts 300 jobs
The Hague: Dutch car navigation firm TomTom said on Monday that it was slashing 300 jobs, roughly 10 percent of its workforce, as it seeks to stem financial losses and “embraces artificial intelligence”.
The Amsterdam-based company was an early pioneer of digital navigation in cars, but has been struggling as people no longer use a separate device to move around.
TomTom announced in a statement that it was “realigning its organisation… as it embraces artificial intelligence”, resulting in “organisational changes”.
