TomTom is cutting 300 jobs as it shifts focus to AI and reorganizes its structure.
The Dutch location tech company announced the layoffs on Monday. The move comes as part of a product-led strategy embracing artificial intelligence.
TomTom did not specify which departments would be affected. The cuts are aimed at streamlining operations and fueling AI-driven product development. 
This update signals a big pivot for TomTom, known for GPS and mapping tech. The company aims to adapt fast in a crowded location data market.
CEO Harold Goddijn said:
“The combination of our strong product and platform teams, combined with new capabilities in AI, will allow us to focus on delivering unique location technology solutions.”
“We are aligning our organization to be product-led and future-proofing the company for sustained growth.”
“We remain committed to our mission to provide the best location data and technology to our customers worldwide.”
The layoffs are expected to wrap up in the coming months as TomTom refines its tech and business approach.
