Mobileye, an autonomous-driving technology company, announced layoffs of approximately 200 employees (4-5% of global workforce). Most layoffs affect Israeli employees at its Jerusalem headquarters and Tel Aviv campus. The company stated the cuts are part of a 'broad organizational adjustment' and not a shift in product strategy. Mobileye has a global workforce of approximately 4,300 employees, with over 3,000 based in Israel. The announcement comes as the company recovers from business challenges and pursues robotaxi initiatives.