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TomTom revenue falls 5.8% as it plans 200 job cuts
Business
— Oct 15, 2026
TomTom’s third-quarter revenue and profit fell year over year, and revenue missed expectations, sending shares lower. The company raised its 2026 operating-margin outlook and plans about 200 job cuts to save roughly €21 million annually, while weak automotive demand and uncertainty over future growth remain concerns.
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