Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
TomTom, a Dutch provider of digital mapping and navigation software, announced the cut of 300 jobs across its application development and sales/support units in Amsterdam, aiming to accelerate product time-to-market through the embrace of artificial intelligence. The company, which employs around 3,000 people in the Netherlands, attributes the reorganisation to the need for faster and more efficient software rollout by integrating AI into both mapping updates and customer-facing applications. The job reductions, representing nearly 10% of the national workforce, will primarily affect application development, sales and support teams.
Eurofound (2025), TomTom, Internal restructuring in Netherlands, factsheet number 203016, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203016.