Mobileye

Mobileye, an Israeli autonomous-driving technology company, is laying off approximately 200 employees, which represents about 4% of its global workforce of roughly 4,300. The cross-departmental cuts, announced in December 2025, come despite the company reporting stronger quarterly revenue and rising demand for its driver-assistance systems. The layoffs are part of ongoing adjustments to workforce needs, even as Mobileye continues to recruit for long-term strategic positions. The company, which has a market capitalization around $9.5 billion, has seen its shares decline over 40% this year. Most of the affected employees are based in Israel, where the majority of its workforce is located.

Mobileye, an Intel-owned autonomous vehicle technology company, is laying off approximately 100 employees as it shuts down its internal lidar sensor development division in September 2024. This move, affecting a small percentage of its global workforce, aims to save an estimated $60 million in projected development costs. The decision reflects a strategic shift, as the company now believes next-generation lidar is less critical to its roadmap for "eyes-off" autonomous systems, citing significant advancements in its camera-based computer vision technology and the declining cost and strategic necessity of lidar sensors in the industry.