Mobileye Strategic Overhaul: Moovit Cuts 30% of Staff, Founder CEO to Step Down

2026-07-24

On July 23, Mobileye, the autonomous driving company owned by Intel, announced two major changes: its public transit navigation app Moovit laid off about 60 employees (30% of its workforce), and founder and CEO Professor Amnon Shashua, after nearly 30 years at the helm, declared he would step down from the CEO role.

Moovit Pivots to Robotaxi Core Support

Mobileye Strategic Overhaul: Moovit Cuts 30% of Staff, Founder CEO to Step Down

Moovit was acquired by Intel for $915 million in 2020 and has since operated as a subsidiary of Mobileye. The layoffs stem from a strategic repositioning—the company will no longer expand its original B2B mobility services, but instead refocus resources on supporting Mobileye's own robotaxi operations, including fleet management, demand forecasting, route planning, and passenger interaction. Mobileye is forming cross‑functional teams to deeply integrate Moovit's platform capabilities with autonomous driving technology. As a result, Moovit evolves from a consumer‑facing navigation app into a critical infrastructure that underpins the entire robotaxi value chain.

Shashua Steps Down as CEO

On the same day, the 63‑year‑old Shashua announced he would formally leave the CEO position once a successor is in place. He will remain on the board and has been invited to become chairman, though this has not been finalized. He stated that he would shift his focus to long‑term technology trends, with particular interest in humanoid robotics and other frontier fields.

Six‑Year Integration Review

Moovit covers 112 countries and 3,500 cities, with 1.7 billion users and approximately 60 million monthly active users. However, commercialization has been sluggish: revenue in 2025 was only $39 million, with a net loss of $11 million. In April this year, Mobileye attempted to sell Moovit for $300–400 million (roughly 60% below the purchase price), but after failing to find a buyer, decided to deeply embed it into the robotaxi strategy. In June, Mobileye announced it would launch its own robotaxi service in a U.S. city in 2027, initially deploying about 100 fully driverless vehicles, with the goal of expanding the fleet to approximately 17,000 within five years. This move marks its full transition from a technology supplier to a full‑chain robotaxi participant, with Moovit serving as the key hub connecting users and services.

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