
Mobileye Slashes 200 Jobs in Israel as Self-Driving Market Cools
Mobileye, Israel’s autonomous-driving champion, is cutting around 200 jobs — mostly in Jerusalem and other Israeli hubs — after its valuation plunged more than 40% and demand for its chips cooled. Intel’s prized subsidiary says it’s trimming mature units while still hiring for core self-driving and ADAS programs.
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