TomTom announces reorganization affecting 200 roles, targets €21 million in savings

By Reuters News

- Dutch digital mapping specialist TomTom NV TOM2.AS said on Thursday it would reorganise its operations, affecting about 200 roles globally, and expects the changes to generate annualised savings of about 21 million euros ($23.6 million).

($1 = 0.8917 euros)

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk