Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
TomTom, a Dutch provider of digital mapping and navigation software, announced the cut of 300 jobs worldwide.
Less than half of the job cuts will be in the Netherlands TomTom 2025-NL, where the company employs approximately 1,200 staff. The layoffs will affect employees involved in route planner development, sales, and customer service.
The move is part of TomTom’s effort to streamline operations and increase flexibility in product development by integrating AI more deeply into its processes. AI is replacing certain roles such as route planners, sales, and customer support staff. The company has been operating at a loss for the past two years, with a reported net loss of over €17 million in 2024.
Founded in 1991, TomTom has 42 offices across Europe, Americas, Asia-Pacific, and MEA region. Currently, the company employs about 3,600 people worldwide.
Eurofound (2025), TomTom, Internal restructuring in World, factsheet number 203093, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203093.