Moovit will fire 30% of its staff as part of its integration into Mobileye

This was announced by outgoing Mobileye CEO and founder Professor Amnon Shaashua.

As part of the launch of Mobileye’s autonomous taxi (robotaxi) activities, the companies’ activities will be combined, and some of the existing Moovit services will be abolished.

As Calcalist reports, Moovit will lay off about 30% of the company’s employees – that is, about 60 people. As far as we know, the Moovit public transport app will continue to operate after the reorganization.

Recall that in 2020, Intel acquired the Moovit transport application for $915 million and included it in the Mobileye company it had previously purchased.

In April 2026, it was reported that Mobileye was putting Moovit up for sale at a price of $300-400 million. The reason for such a sharp decline in the value of the asset is the inability of Mobileye and Intel to significantly improve the financial performance of Moovit, which continues to remain a heavily unprofitable project. Moreover, the companies were never able to fully realize the strategic synthesis of capabilities that underpinned the deal.

At the time of the purchase, one of the key arguments in favor of the deal was Mobileye’s need for huge amounts of data to develop autonomous driving systems, both to train algorithms and sensors, and to reduce the need for future cars to “learn” new routes from scratch. Moovit provided the necessary data layer through a platform that allowed users to plan and pay for trips across multiple modes of transport in one place. However, in practice, this value was never converted into a significant source of revenue for Mobileye.