Moovit cuts 30% of workforce as Mobileye reshapes $915 million acquisition for robotaxi era The transportation app is eliminating 60 of its 200 positions as Mobileye shifts resources away from Moovit’s B2B business and toward using the platform for fleet supply, demand optimization and rider engagement in autonomous taxis. Moovit, the transportation technology company acquired by Intel for $915 million in 2020, is cutting approximately 60 employees, or 30% of its workforce, as parent company Mobileye restructures the business around its emerging robotaxi strategy. The layoffs come on the same day that Mobileye reported earnings and founder and CEO Prof. Amnon Shashua announced he would step down after nearly three decades leading the autonomous driving company, marking a broader transition for the Intel-controlled business. The reduction is part of a shift in Moovit’s role inside Mobileye. Rather than continuing to expand its previous B2B mobility business, the company is redirecting resources toward supporting autonomous transportation services, including fleet supply, demand optimization, trip planning and rider engagement. Rather than simply being a consumer transportation app or a provider of mobility tools for cities and transit operators, Moovit is now expected to become a key component in Mobileye’s effort to participate across the robotaxi value chain. During Mobileye’s earnings call Thursday, Shashua said Moovit remains “a high-value asset” for the company’s autonomous mobility ambitions. “We have already established a cross-functional team to build this business and are deeply engaged with subcontractors for the vehicle platform, self-driving system installation, and vehicle uplift, and local logistics and infrastructure support,” Shashua said. “Our Moovit division is fully engaged and is a high-value asset for fleet supply, demand optimization, trip planning, and rider engagement,” he added. However, that transition requires a significant change in Moovit’s organization. According to Shashua, the company will reduce resources in parts