US EditionTomTom to Cut 300 Jobs Amid AI Shift
43 Articles
43 Articles
TomTom to cut 300 jobs amid AI shift
Dutch location technology company TomTom said on Monday it would cut 300 jobs as it realigns its organization and embraces artificial intelligence as part of its product-led strategy.Read MoreThe post TomTom to cut 300 jobs amid AI shift first appeared on The Who Dat Daily.
The Dutch company TomTom, a pioneer in automotive navigation with its GPS, announced the elimination of 300 jobs, or about 10% of its global workforce. This decision aims to reduce financial losses and reposition the company towards the development of artificial intelligence. ... Read more Like KultureGeek on Facebook, and follow us on Twitter Don't forget to download our free iAddict app for iPhone and iPad (link App Store) The article TomTom d…
IBM Lays Off 8,000 Employees for AI Automation, Only to Rehire Just as Many Soon After Because Of…
In 2023, IBM made headlines when it laid off 8,000 employees from its human resources department. The reason? A new artificial intelligence system called AskHR was set to replace routine tasks like payroll management, vacation requests, and employee documentation. The company argued that this transformation would streamline operations, reduce costs, and ultimately boost productivity. And indeed, IBM reported an impressive $3.5 billion increase i…
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The Dutch company is facing difficulties linked to the new uses of integrated car navigation and its turnover is eroded.
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