TomTom reorganises around three divisions as revenue declines

The mapping company says its restructuring affects approximately 200 roles worldwide.

By TomorrowNews · AI-assisted briefing
Source published 15 Oct 2026 · Briefing published 16 October 2026

Illustrated city map separating into three distinct mapping and mobility paths — AI-generated illustration — not a photograph of the event. Symbolic mapping-business reorganisation, not a TomTom interface or office photograph. · TomorrowNews / AI-generated illustration

TomTom is organising around Automated Driving, Location Intelligence and Navigation, with fewer management layers. It describes AI-enabled mapping and vehicle automation as growth opportunities, while navigation remains its main revenue source.

Third-quarter group revenue fell 6% to €129 million. The company raised its full-year operating-margin outlook to 4%, including restructuring costs, and reiterated its expectation of Location Technology revenue growth in 2027.

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