TomTom Confirms Reorganization Rumors

AMSTERDAM — (BUSINESS WIRE) — December 2, 2016 — Responding to questions in Dutch media today, TomTom (TOM2) announces that within the Consumer business unit 170 roles have been reorganized. Of those roles, 110 will move to other areas within the company and 60 roles are made redundant, of which 24 are in The Netherlands.

-ENDS-

About TomTom

At TomTom (TOM2) our mission is to make technology so easy to use, that everyone can benefit from it.

We created easy to use navigation devices, helping millions of people to get where they want to be. Today, we continue to simplify the complex, making technology more accessible for everyone.

We have four customer facing business units: Consumer, Telematics, Automotive and Licensing.

We make easy to use navigation devices, sport watches and action cameras for consumers. We enable businesses with vehicles to more easily manage and improve fleet efficiency whilst increasing overall business performance with our Telematics solutions. We also offer a world leading real-time map platform that is powering innovative location based services and helping to make automated driving a reality for the automotive industry.

Founded in 1991 and headquartered in Amsterdam, we have over 4,600 employees and sell our products worldwide.

 



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