We have some sad news to report out of Holland today. TomTom has announced that it will release nearly ten-percent of its employees as the company works to reorganize and move away from the personal navigation device market. The struggling firm previously stated that it would trim €50 million from its annual operations budget, and many of TomTom's employees will now face the ramifications of this effort. Moving forward, the company will focus primarily on in-dash navigation equipment that's pre-installed by automotive manufacturers, along with fleet management for delivery companies.
Engadget, TomTom looks to shed ten-percent of workforce in restructuring effort
