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  • Archive by category "Layoffs"
Ex-Nvidia Employees Share Why They Embarked on New AI Startup Ventures
Layoffs
Nvidia’s Stock Made Them Millionaires So They Walked Away to Build the Next AI Giants
Founder News Team Jun 15, 2026 0

Several former Nvidia employees have left lucrative positions to launch AI startups during the technology boom. Antons Davis departed in…

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Union: Layoffs at Amazon warehouse in Laval, company says claim is false
Layoffs
Amazon Fires 30 Union Workers in “Second Wave” of Layoffs Just Months After They Organized
Founder News Team Jun 15, 2026 0

At least 30 workers at Amazon's Laval warehouse face layoffs, according to the CSN union, which calls it a "second…

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Layoffs at Wells Fargo, Bahama Breeze impact 200 in Raleigh as jobless claims rise nationally
Layoffs
Raleigh Hit With Nearly 200 Layoffs as AI Screening Tools Make Finding Your Next Job Harder Than Ever
Founder News Team Jun 14, 2026 0

Nearly 200 workers in Raleigh, North Carolina face job losses after Wells Fargo announced 112 layoffs at a local business…

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LinkedIn cuts 5% of staff despite record revenue, Reuters reports
Layoffs
LinkedIn Cuts 5% of Staff While Posting Record Revenue as Tech Layoffs Surpass 103,000 in 2026
Founder News Team Jun 13, 2026 0

LinkedIn is cutting 5% of its workforce despite reporting record revenue, according to Reuters. The layoffs are not AI-driven but…

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XBOX CEO reveals crucial Project Helix update amid 'component crisis'
Layoffs
Xbox’s Next Console Is Still Coming Despite a 5x Storage Cost Surge and a Financial Crisis Bleeding Half a Billion in Revenue
Founder News Team Jun 13, 2026 0

Xbox CEO Asha Sharma and chief content officer Matt Booty have confirmed Project Helix, the codename for Xbox's next console,…

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Nexteer Automotive lays off 80 workers at Michigan locations
Layoffs
Nexteer Automotive Cuts 80 Jobs as Auto Industry Demand Shifts Threaten Saginaw County’s Second-Largest Employer
Founder News Team Jun 12, 2026 0

Nexteer Automotive laid off 80 workers across its Buena Vista Township plant and Auburn Hills global headquarters, the company confirmed…

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Meta to lay off 10% of its staff: What we know
Layoffs
Meta Cuts 14,000 Jobs to Fund a $135 Billion Bet on AI
Founder News Team Jun 12, 2026 0

Meta, the Menlo Park-based parent company of Facebook, Instagram, and WhatsApp, is cutting approximately 10% of its workforce, eliminating 8,000…

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Meta layoffs: More than half of the 8,000 job cuts are in two US states, and these roles took the biggest hit
Layoffs
Meta Slashed 8,000 Jobs to Fund Its AI Bet, and Middle Managers Paid the Heaviest Price
Founder News Team Jun 11, 2026 0

Meta's aggressive AI investment push has triggered 8,000 layoffs, with 4,665 cuts concentrated in California and Washington state. Middle managers…

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Ubisoft Reportedly Shuts Down More Studios And Lays Off Staff In Barcelona And San Francisco
Layoffs
Ubisoft Shuts Down Two Studios and Cuts 380 Jobs as Its Cost Crisis Forces a Major Rainbow Six Overhaul
Founder News Team Jun 11, 2026 0

Ubisoft is reportedly closing studios in Winnipeg and Belgrade while laying off staff in Barcelona and San Francisco, putting approximately…

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Oil pipeline layoffs signal job cuts surge in sector
Layoffs
87% Built and Already Firing: EACOP Cuts Thousands of Local Workers as Africa’s Biggest Pipeline Nears Completion
Founder News Team Jun 10, 2026 0

As construction of the East African Crude Oil Pipeline (EACOP) approaches 87 percent completion, operator Eacop Ltd has begun mass…

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Recent Posts
  • $60 Billion Cursor Deal Adds Enterprise AI to Starlink Portfolio
  • IoT cybersecurity law forces manufacturers into urgent compliance overhaul
  • Self-healing soft robots gain sense of touch through 14-nation European project
  • Geospatial startup lands $20M to expand AI-driven mapping into Middle East and Americas
  • Discord slashes 17% of workforce after fivefold hiring surge since 2020
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We aim to empower European founders with the insights, trends, and tools they need to build, grow, and lead world-class companies.

By delivering sharp, actionable news and stories that matter, from fundraising to regulation, and from talent to tech, we help entrepreneurs stay ahead in a fast-changing world.

Latest News
SpaceX Cursor Acquisition Closes: $60B Deal Adds Enterprise AI to Starlink + AI Revenue Boom
$60 Billion Cursor Deal Adds Enterprise AI to Starlink Portfolio
Aug 24, 2026
CRA-ready IoT products webinar from eeNews and Lemberg ...
IoT cybersecurity law forces manufacturers into urgent compliance overhaul
Aug 23, 2026
VUB leads European project teaching soft robots to sense, repair and adapt
Self-healing soft robots gain sense of touch through 14-nation European project
Aug 23, 2026
Photo of Team YS
Geospatial startup lands $20M to expand AI-driven mapping into Middle East and Americas
Aug 23, 2026
Discord CEO blames overhiring as SF tech startup lays off 170 workers
Discord slashes 17% of workforce after fivefold hiring surge since 2020
Aug 23, 2026
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