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. Hopefully we'll see some better times ahead for the Dutch firm. Frankly, we don't know what we'd do without the likes of Mr. T, Han Solo and Burt and Ernie
leading the way.