AMSTERDAM--(BUSINESS WIRE)--TomTom (TOM2) today reconfirmed its strategy to build on its leading position in navigation technologies and to provide location content, software and services to business customers.
In line with the strategic review announced in the Q2 2017 quarterly results, TomTom is reorganising parts of its Consumer Sports business. As a result, 136 roles have been made redundant, of which 57 are in the Netherlands.
TomTom will continue to sell consumer sports products, and support its Sports customers.
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About TomTom
TomTom empowers movement. Every day millions of people around the world depend on TomTom to make smarter decisions. We design and develop innovative products that make it easy for people to keep moving towards their goals. Our map-based components include map content, online map-based services, real-time traffic and navigation software. Our consumer products include PNDs, navigation apps and sports watches. Our main business products are custom in-dash navigation systems and a fleet management system, which is offered to fleet owners as an online service with integrated in-vehicle cellular devices. Our business consists of four customer facing business units: Automotive, Licensing, Telematics and Consumer.
Founded in 1991 and headquartered in Amsterdam, we have more than 4,700 employees worldwide. For further information, please visit www.tomtom.com.
