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  • Archive by category "Layoffs"
Tech giant Intel's sweeping layoffs include hundreds in California
Layoffs
Intel Slashes 319 California Jobs While Chasing Billions in Federal Funding
Founder News Team Aug 11, 2026 0

Intel is laying off 319 workers at its Folsom campus while simultaneously pursuing up to $8.5 billion in CHIPS Act…

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Gavin Newsom intervenes amid historic tech layoffs
Layoffs
Newsom Scrambles to Track 8,000-Plus AI-Driven Job Cuts Before Half the Workforce Vanishes
Founder News Team Aug 11, 2026 0

California’s governor wants monthly reports on government automation after discovering no agency actually tracks how many workers get replaced by…

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Luxury Bay Area carmaker Lucid to lay off 18% of staff
Layoffs
Lucid Slashes Entire Arizona Production Shift and COO Role After $15.6 Billion Deficit
Founder News Team Aug 10, 2026 0

Lucid just eliminated an entire production shift and dissolved its COO position following staggering financial losses in the billions. The…

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Calif. tech giant Qualcomm lays off 1,250 workers, 194 in Bay Area
Layoffs
Smartphone Slump Forces Qualcomm to Ax 1,250 Workers Including Senior Executives
Founder News Team Aug 10, 2026 0

Qualcomm is shedding 1,250 jobs, and this time the cuts are climbing all the way into the executive ranks. The…

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Bay Area biotech firm once worth more than $3B lays off 30% of staff
Layoffs
Biotech Firm Once Valued at $3 Billion Slashes 30% of Workforce to Stay Afloat
Founder News Team Aug 10, 2026 0

A biotech unicorn is eliminating nearly a third of its staff just to keep the lights on. The layoffs signal…

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Google lays off hundreds in Bay Area, shuts child care center
Layoffs
Google Slashes Hundreds of Jobs and Shuts Its Child Care Center
Founder News Team Aug 9, 2026 0

Google just laid off hundreds of employees and permanently closed its on-site child care facility for Bay Area workers. The…

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Bay Area's oldest biotech company lays off more than 140 workers
Layoffs
Genentech parent company boasts $16 billion profit as 143 Bay Area jobs vanish
Founder News Team Aug 9, 2026 0

Swiss pharmaceutical giant Roche is sitting on $16 billion in earnings while quietly erasing 143 positions from its Genentech campus…

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San Francisco-based Levi's announces major round of layoffs
Layoffs
Levi’s Slashes Up to 15% of Corporate Jobs Days After a $170 Million Stadium Deal
Founder News Team Aug 8, 2026 0

Levi’s is cutting hundreds of corporate roles just 48 hours after finalizing a $170 million naming rights agreement. The layoffs,…

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Tech company ditches Bay Area office, moves HQ to Texas
Layoffs
Solar Shingle Maker GAF Energy Shutters San Jose Plant, Axes 138 Jobs for Texas
Founder News Team Aug 8, 2026 0

A residential solar company is dismantling its Silicon Valley production line and moving operations to Texas, cutting 138 California jobs…

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Bay Area tech's 'layoff surge' has slashed salaries, report says
Layoffs
Bay Area Tech Pay Plummets 15.25% as Job Switchers Suffer 26% Compensation Slash
Founder News Team Aug 8, 2026 0

The Bay Area technology salary advantage is eroding at a pace that rewrites a decade of compensation assumptions. Engineers and…

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Latest News
AI training platform Outlier illegally surveils European platform workers
900,000 AI trainers hit with TikTok and Facebook trackers while working
Oct 27, 2026
A SCUBA Diver Checks An Undersea Cable
500 suspected Russian spy missions target undersea cables linking Europe and America
Oct 27, 2026
Microsoft Buyout: What Employees Are Actually Being Offered
60,000 Microsoft Employees Must Decide by December on Severance Packages
Oct 27, 2026
Techcity
Vietnam and Poland target US$6 billion in trade by 2030
Oct 27, 2026
EUF NTA 23-10-2026 $3.05300 - Smartshares Europe ETF (EUF)
$12 Billion Manager Smartshares Reports ETF Assets at $3.05300
Oct 27, 2026
Recent Posts
  • 900,000 AI trainers hit with TikTok and Facebook trackers while working
  • 500 suspected Russian spy missions target undersea cables linking Europe and America
  • 60,000 Microsoft Employees Must Decide by December on Severance Packages
  • Vietnam and Poland target US$6 billion in trade by 2030
  • $12 Billion Manager Smartshares Reports ETF Assets at $3.05300
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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.
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The Shenzhen Auction: What a Trump–Xi–Putin Summit Would Cost the Allies Who Aren't Invited
Europe News
Absent Allies Pay as Xi Brokers Trump-Putin Summit in Shenzhen
Founder News Team Oct 26, 2026
In Europe, budget airlines thrive. Why not in the U.S.?
Europe News
Budget Carriers Dominate Europe While America’s Market Blocks Them
Founder News Team Oct 25, 2026

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
AI training platform Outlier illegally surveils European platform workers
900,000 AI trainers hit with TikTok and Facebook trackers while working
Oct 27, 2026
A SCUBA Diver Checks An Undersea Cable
500 suspected Russian spy missions target undersea cables linking Europe and America
Oct 27, 2026
Microsoft Buyout: What Employees Are Actually Being Offered
60,000 Microsoft Employees Must Decide by December on Severance Packages
Oct 27, 2026
Techcity
Vietnam and Poland target US$6 billion in trade by 2030
Oct 27, 2026
EUF NTA 23-10-2026 $3.05300 - Smartshares Europe ETF (EUF)
$12 Billion Manager Smartshares Reports ETF Assets at $3.05300
Oct 27, 2026
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