Latest news with #HaroldGoddijn
Daily Telegraph
a day ago
- Automotive
- Daily Telegraph
‘Embracing AI': Dutch tech company TomTom cuts 300 jobs
Don't miss out on the headlines from Online. Followed categories will be added to My News. Dutch car navigation firm TomTom announced on Monday that it was cutting 300 jobs, approximately 10 per cent of its workforce, to stem financial losses and 'embrace artificial intelligence'. The Amsterdam-based company was an early pioneer of digital navigation in cars but has struggled in the age of Apple and Google Maps. This week, TomTom announced in a statement that it was 'realigning its organisation … as it embraces artificial intelligence', resulting in 'organisational changes'. TomTom has announced job cuts. (stock image) These changes would affect 'certain roles in the units working on our application layer and in our sales and support functions, resulting in a reduction of 300 roles,' the firm said. The company employs around 3,600 people worldwide. TomTom forecasts a drop in sales from 574 million euros (AU$1.029 billion) in 2024 to 505-565 million this year. Chief executive Harold Goddijn told investors in April that trade tensions resulting from US President Donald Trump's tariffs made the short-term outlook for the firm 'less predictable'. However, he said that he remained 'confident in our long-term trajectory'. It comes as AI is forecast to decimate the global workforce by 2050, according to reports from organisations such as PwC, McKinsey, and the World Economic Forum. Estimates suggest up to 60 per cent of all current jobs will require significant adaptation due to AI. Experts warn that AI could significantly impact jobs globally, with roles in administration and call centres being particularly vulnerable. Picture: AFP Already in Australia, some workplaces are feeling the impact of AI-adoption. In May, shared the story of a Sydney medical receptionist who described the dreaded moment AI replaced her and others on her team. Four staff were told emails would be automatically filed into separate mailboxes, and patients would be greeted with a generic computer-generated message, saying, 'thanks so much, we'll get back to you shortly'. Niusha Shafiabady, an associate professor in Charles Darwin University's Faculty of Science and Technology warned earlier this year, 'Jobs that rely on humans following pre-existing instructions and don't need many or any analytical thinking skills will be impacted relatively quickly.' 'I'm talking about clerical or secretary roles, and jobs in administration, for example,' she said. Professor Shafiabady said that after identifying six of the most at-risk roles in Australia, she found that they all fell within the administrative realm. Call centre workers were near the top of the list, she said. 'The tasks for this type of job can be replicated by an AI computer system, so it will be displaced,' she said. Advanced technologies are increasingly capable of carrying out tasks traditionally done by humans, leading to potential job displacement in numerous sectors. Picture: AP Also at risk are those working as secretaries and foreign language interpreters, as advanced technologies can replicate many of these functions. Even secretaries working in healthcare, such as a GP clinic receptionist, could be 'relatively easily replaced'. 'A bookkeeper's job could also be displaced relatively quickly, since the information flow can be captured by software systems,' she said. 'At the very least, the number of required positions for this role are likely to decrease.' And those Australians whose job requires them to enter data into a computer system should brace for an imminent disruption, she said. As demonstrated in a viral video last week, those taking orders at chain restaurants in Australia could become obsolete relatively quickly, as the existing technology has proven to be effective. Originally published as 'Embracing AI': Dutch tech company TomTom cuts 300 jobs
Time of India
a day ago
- Business
- Time of India
TomTom to cut 300 jobs: Read what the company said
TomTom, the Dutch navigation company has announced that it is planning to layoff around 300 employees. The company revealed that the fresh round of layoffs are part of a restructuring efforts and with this the company will now focus on product-led strategy powered by artificial intelligence. The layoffs roughly affecting 8% of the global workforce will majorly impact the application layer as well as sales and support functions. TomTom layoffs: Here's what the company said The company claims that the layoffs are part of a broader shift which aims at streamlining operations, enhancing scalability and accelerating product delivery with the help of AI-integrated solutions. 'With a modernized technology stack, we are becoming a truly product-led company,' said CEO Harold Goddijn. 'This shift enhances the end-user experience and shortens implementation cycles for our customers, accelerating our time-to-value' TomTom has already started investing in technology platforms which includes a complete revamp of its mapmaking system and launch of Orbis Maps which offers more granular and up-to-date data. The company is following a new approach which includes reusable software components and a focus on integrated-friendly products. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo The company also announced that it will support the affected employees during this transition. The decision to reduce the workforce comes during a time when TomTom is facing declining demand for standalone navigation devices, with its core business now centered on providing mapping technology to automakers and smartphone manufacturers like Apple, Volkswagen, and Huawei. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
New Indian Express
a day ago
- Automotive
- New Indian Express
'Embracing AI': Dutch car navigation firm cuts 300 jobs
The Hague: Dutch car navigation firm TomTom said on Monday that it was slashing 300 jobs, roughly 10 percent of its workforce, as it seeks to stem financial losses and "embraces artificial intelligence". The Amsterdam-based company was an early pioneer of digital navigation in cars, but has been struggling as people no longer use a separate device to move around. TomTom announced in a statement that it was "realigning its organisation... as it embraces artificial intelligence", resulting in "organisational changes". These changes would affect "certain roles in the units working on our application layer, and in our sales and support functions, resulting in a reduction of 300 roles," the firm said. The company employs around 3,600 people worldwide. TomTom forecasts a drop in sales from 574 million euros ($674 million) in 2024 to 505-565 million this year. Chief executive Harold Goddijn told investors in April that trade tensions resulting from US President Donald Trump's tariffs made the short-term outlook for the firm "less predictable". However, he said that he remained "confident in our long-term trajectory".
Malay Mail
a day ago
- Automotive
- Malay Mail
Navigation firm TomTom to cut 300 jobs as it pivots to AI amid falling sales and unpredictable outlook
THE HAGUE, June 30 — Dutch car navigation firm TomTom said today that it was slashing 300 jobs, roughly 10 percent of its workforce, as it seeks to stem financial losses and 'embraces artificial intelligence'. The Amsterdam-based company was an early pioneer of digital navigation in cars, but has been struggling as people no longer use a separate device to move around. TomTom announced in a statement that it was 'realigning its organisation... as it embraces artificial intelligence', resulting in 'organisational changes'. These changes would affect 'certain roles in the units working on our application layer, and in our sales and support functions, resulting in a reduction of 300 roles,' the firm said. The company employs around 3,600 people worldwide. TomTom forecasts a drop in sales from 574 million euros (RM2.8 billion) in 2024 to 505-565 million this year. Chief executive Harold Goddijn told investors in April that trade tensions resulting from US President Donald Trump's tariffs made the short-term outlook for the firm 'less predictable'. However, he said that he remained 'confident in our long-term trajectory'. — AFP
News.com.au
a day ago
- Automotive
- News.com.au
‘Embracing AI': Dutch tech company TomTom cuts 300 jobs
Dutch car navigation firm TomTom announced on Monday that it was cutting 300 jobs, approximately 10 per cent of its workforce, to stem financial losses and 'embrace artificial intelligence'. The Amsterdam-based company was an early pioneer of digital navigation in cars but has struggled in the age of Apple and Google Maps. This week, TomTom announced in a statement that it was 'realigning its organisation … as it embraces artificial intelligence', resulting in 'organisational changes'. These changes would affect 'certain roles in the units working on our application layer and in our sales and support functions, resulting in a reduction of 300 roles,' the firm said. The company employs around 3,600 people worldwide. TomTom forecasts a drop in sales from 574 million euros (AU$1.029 billion) in 2024 to 505-565 million this year. Chief executive Harold Goddijn told investors in April that trade tensions resulting from US President Donald Trump's tariffs made the short-term outlook for the firm 'less predictable'. However, he said that he remained 'confident in our long-term trajectory'. It comes as AI is forecast to decimate the global workforce by 2050, according to reports from organisations such as PwC, McKinsey, and the World Economic Forum. Estimates suggest up to 60 per cent of all current jobs will require significant adaptation due to AI. Already in Australia, some workplaces are feeling the impact of AI-adoption. In May, shared the story of a Sydney medical receptionist who described the dreaded moment AI replaced her and others on her team. Four staff were told emails would be automatically filed into separate mailboxes, and patients would be greeted with a generic computer-generated message, saying, 'thanks so much, we'll get back to you shortly'. Niusha Shafiabady, an associate professor in Charles Darwin University's Faculty of Science and Technology warned earlier this year, 'Jobs that rely on humans following pre-existing instructions and don't need many or any analytical thinking skills will be impacted relatively quickly.' 'I'm talking about clerical or secretary roles, and jobs in administration, for example,' she said. Professor Shafiabady said that after identifying six of the most at-risk roles in Australia, she found that they all fell within the administrative realm. Call centre workers were near the top of the list, she said. 'The tasks for this type of job can be replicated by an AI computer system, so it will be displaced,' she said. Also at risk are those working as secretaries and foreign language interpreters, as advanced technologies can replicate many of these functions. Even secretaries working in healthcare, such as a GP clinic receptionist, could be 'relatively easily replaced'. 'A bookkeeper's job could also be displaced relatively quickly, since the information flow can be captured by software systems,' she said. 'At the very least, the number of required positions for this role are likely to decrease.' And those Australians whose job requires them to enter data into a computer system should brace for an imminent disruption, she said. As demonstrated in a viral video last week, those taking orders at chain restaurants in Australia could become obsolete relatively quickly, as the existing technology has proven to be effective.
