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TomTom to cut 10% of jobs due to improved automation

tomtom.com

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Re: TomTom to cut 10% of jobs due to improved automation

#161

Earlier quoted context omitted.

> how companies become corporations Aren't all companies corporations?

No, a corporation is a specific type of business arrangement. For example, you can have a limited liability company (LLC) that is wholly owned by an individual.

I don't think TomTom changed what type of company it was.

Re: TomTom to cut 10% of jobs due to improved automation

#162
post #110

Earlier quoted context omitted.

And most consumers would much rather have either CarPlay or Android Auto than the crappy software that is made my the manufacturers.

Is that true? Not saying you are wrong but is it just an anecdote? I anecdotally know lots of people that just use their car GPS and don’t bother with CarPlay/AA

Anecdotally, people just use phone holders. I have never seen anyone use either the built-in GPS or CarPlay/AA.

Re: TomTom to cut 10% of jobs due to improved automation

#163

Earlier quoted context omitted.

And most consumers would much rather have either CarPlay or Android Auto than the crappy software that is made my the manufacturers.

... and yet car makers still feel obliged to provide turn-based navigation out of the box.

But the car manufacturers have a lot more leverage for negotiating if they don't really need the software.

Re: TomTom to cut 10% of jobs due to improved automation

#164

Earlier quoted context omitted.

> due to the amount of specialization I see high amount of specialization but only after onboarding and not asked of potential candidates. All we ask are capable software engineers, who we then train to be very specialized in what we do.

And out of the entire work force, what percentage do you consider to be capable software engineers? 5%? 1%?

I don't have enough data to come to sweeping generalization of a percentage.

But from my own observations, people who are genuinely interested usually become capable, anecdotally of course.

Re: TomTom to cut 10% of jobs due to improved automation

#165
post #155

Earlier quoted context omitted.

There is an alternative to "wasting" money to give a second gold vein. You can just do the cash cow thing and then die. That's a totally reasonable. If TomTom don't think they can use the money better than other investment alternatives (that their investors have), then they shouldn't. Of course, politics and personal interests. But sometimes it's just better to allocate resources to something where they're better uti…

Has a CEO ever been hired to do this? I just don't see a business ever saying don't invest in us because there are better alternatives.

Some see paying out dividends as saying “you can do more with this money than we can right now”

Re: TomTom to cut 10% of jobs due to improved automation

#166

I used to work for TomTom maybe 10 years ago. I was there when Google started offering turn by turn navigation for free. Other issue was live traffic information. As you might imagine all this caused some concern among employees because that was, I think, the main source of revenue for the company. They were already doing some other stuff like fitness wearables but they didn't seem to be leaning into it. Main idea fo…

Interesting that going deeper integrated into cars was their game plan. I've never used our in-car GPS (other than playing with it once). If it was any good it has a ton of advantages over using Google, including display on the "speedometer" screen. Sadly, it's pants. It comically announces caution stationary traffic on the M25, generally after we've been stationary for 5 minutes. The navigation directions aren't as…

I'm the total opposite. I love my in-car nav. I have a shortcut on the steering wheel that brings up a list of recent destinations, so starting it takes literally seconds. I don't have to plug in my phone, or even look at it. I get turn by turn in the binnacle AND the heads-up display. And on top of that, it _doesn't_ do all the silly stuff that Google does to make people think it's so great, like routing me through some residential neighborhood to save 45 seconds. I'm okay taking one freeway vs another, maybe (I don't like adding miles to my trip), but that's about as smart as I want my navigation to be.

Maybe this is because I don't commute by car though. If I get stuck in traffic, it's the one time that month, and I've probably got a podcast on anyway.

Re: TomTom to cut 10% of jobs due to improved automation

#167
post #106

Earlier quoted context omitted.

> For example ISP-level adblocking. Google could circumvent this if ISPs tried this. How would an ISP block ads coming in encrypted as normal content?

The same way as PiHole does. It's not hard to block Google adds on 3rd party sites with a DNS or IP-level block.

They'll just add DoH to Chrome.

Re: TomTom to cut 10% of jobs due to improved automation

#168
post #36
post #6

TomTom is such an interesting story in technology and finance. Went from zero to $ 10B+ between '05 - '07 [1]. Everyone you knew had one, used one, loved one. Then the sudden boom in mobile phones and mobile internet and the financial crisis. Total crash of the stock. Pretty much subsistence without any proper profits since '09-'10. Not enough IP to get bought, a few licensing deals here and there. Always falling rev…

As a marathon runner, I know TomTom mainly for its sports watches. But I feel they've been fading away slowly. Garmin is still the champion in that area, but both must be taking a hit with all the cheap chinese knock offs. At the end of the day, you don't even need a high end sports watch unless you're a high end athlete. Reliable location tracking and good battery life is all you need, every other information can be…

Garmin is vulnerable to disruption by cheap Chinese competitors at the low end of the market. They're now trying to move beyond selling individual devices to build an ecosystem with multiple types of devices connected to online services. And their latest devices are starting to provide something like a little AI fitness coach on your wrist, which is valuable even to ordinary people not into extreme activities. So far the execution is a little clumsy and buggy but the potential is huge.

Re: TomTom to cut 10% of jobs due to improved automation

#170

> Regrettably, this will have an intended impact This reads weird to me (non-native English speaker). How can you regrettably reach your intended impact? Is that some kind of an idiom?

Non-native speaker myself, I had to do a double take as well. I think 'to regret sth' can have two slightly different meanings:

1. If I could reverse time, I would decide differently getting a different outcome.

2. I am sad that this happens, but it is still the preferable outcome, compared to the alternative.

I think I 'default' to the first meaning. But in this case the second is probably more fitting.

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