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 of its existing business while redirecting focus toward the robotaxi opportunity.
“Moovit will restructure its resources, moving away and reducing headcount from the B2B side of its business in order to later focus on this new strategy,” he said.
When Intel acquired Moovit in 2020, the deal was presented as a cornerstone of Mobileye’s broader autonomous transportation strategy.
Moovit had built one of the world’s largest mobility databases, combining information from public transportation systems, user behavior and real-time travel patterns. Mobileye viewed that data as a critical advantage in developing autonomous driving systems and eventually operating robotaxi networks.
At the time, Intel and Mobileye envisioned a future in which autonomous transportation services would become a massive market. Moovit was expected to provide the consumer-facing layer, including trip planning, mobility services and access to transportation data.
Since then, Mobileye’s strategy has evolved. Instead of operating its own autonomous taxi fleet, the company has increasingly focused on providing the technology platform that allows transportation companies and automakers to launch autonomous services.
The company is currently working with partners including Volkswagen and Lyft on robotaxi initiatives powered by Mobileye technology.
Shashua said Thursday that Moovit remains central to this strategy.
“We are forming joint Moovit-Mobileye teams to leverage Moovit’s past proof-of-concept work with multiple mobility partners and accelerate development,” he said.
Mobileye also plans to strengthen the connection between the two brands by adding the Mobileye logo to Moovit’s U.S. application, which serves hundreds of thousands of consumers, according to Shashua.
“We see value in building the capability to participate across the entire robotaxi value chain,” he said.
Despite its enormous reach, Moovit has struggled to turn scale into a profitable business.
The company today reports 1.7 billion cumulative users across 3,500 cities in 112 countries and approximately 60 million monthly active users.
But its financial performance has remained modest relative to its user base. In 2025, Moovit generated $39 million in revenue and reported a net loss of approximately $11 million.
The company’s existing business includes consumer payments for transportation services booked through its platform, advertising, and sales of aggregated mobility data to municipalities and transportation operators.
The restructuring suggests that Mobileye sees greater long-term value in Moovit as a component of autonomous transportation services rather than as a standalone mobility software business.
