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  • Archive by category "Layoffs"
Bay Area biotech firm once worth $1.2 billion lays off 40% of staff
Layoffs
$1.2B Biotech Giant Slashes 40% of Workforce as Cash Dwindles
Founder News Team Aug 7, 2026 0

A single biotech firm once valued north of a billion dollars is cutting nearly half its staff in a scramble…

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Snapchat cuts almost 250 jobs in California amid round of layoffs
Layoffs
Snapchat Sheds 250 California Staffers as $500 Million Cost-Saving Plan Takes Hold
Founder News Team Aug 7, 2026 0

Snap is cutting nearly 30% of its California workforce as part of an aggressive half-billion-dollar lean-up that’s already underway. The…

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Facing company layoffs, Eater SF moves to new 'regional' model
Layoffs
Eater Slashes Food Critics and City Editors in Sweeping Regional Overhaul
Founder News Team Aug 6, 2026 0

The country’s most influential restaurant publication just dismantled its entire city-level editorial structure, eliminating food critics and editors across major…

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Bay Area startup shuts down, lays off 500 workers
Layoffs
Once a $700 Million ‘Uber of Weed,’ Eaze Collapses and Lays Off 500
Founder News Team Aug 6, 2026 0

A California weed delivery pioneer once valued at $700 million shut down completely this week and terminated its entire workforce…

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Meta cuts 10% of workers — 8,000 jobs — as AI grows
Layoffs
Meta Slashes 8,000 Jobs While Shifting 7,000 Staff to Build AI
Founder News Team Aug 6, 2026 0

Meta is cutting 8,000 employees and reallocating another 7,000 into artificial intelligence roles in a brutal efficiency play that reshapes…

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Bay Area tech company, down from $12B to $159M in value, lays off 319
Layoffs
From $12 Billion to $159 Million: Chegg Slashes 319 Jobs as AI Decimates Its Business
Founder News Team Aug 5, 2026 0

Chegg just laid off nearly a quarter of its workforce after losing 99% of its market value in four years.…

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Salesforce says AI does 50% of company's work as employees worry
Layoffs
AI Absorbs Up to 50% of Salesforce Work as 1,000 Employees Lose Jobs
Founder News Team Aug 5, 2026 0

Salesforce is deploying AI agents that now handle roughly half of its customer support volume, a shift that eliminated 1,000…

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LinkedIn slashes 519 Bay Area jobs, engineers take the biggest hit
Layoffs
LinkedIn Axes 519 Bay Area Engineers as AI Overhauls the Product Workforce
Founder News Team Aug 4, 2026 0

Mass layoffs at LinkedIn just eliminated over 500 engineering roles in the Bay Area, not because the business is struggling…

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Byron Allen Cuts 35% of BuzzFeed Staff
Layoffs
BuzzFeed Sheds 180 Workers as Byron Allen Engine Streamlines for Profitability
Founder News Team Aug 4, 2026 0

BuzzFeed just laid off nearly a quarter of its remaining editorial staff in a single round of cuts. The company…

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Microsoft cuts another 4,800 jobs, including many in Xbox division
Layoffs
Xbox Sheds 1,600 Jobs Immediately as Microsoft Confronts a 33 Percent Hardware Sales Plunge
Founder News Team Aug 3, 2026 0

Microsoft just slashed 1,600 Xbox jobs in a single stroke after hardware revenue cratered by a third. The swift cuts…

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Latest News
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Vietnam and Poland target US$6 billion in trade by 2030
Oct 27, 2026
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$12 Billion Manager Smartshares Reports ETF Assets at $3.05300
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The Most Important Room In International Cannabis
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Recent Posts
  • 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
  • Aurora, Curaleaf, Canopy Converge at London’s Private Cannabis Investor Summit
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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
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
The Most Important Room In International Cannabis
Aurora, Curaleaf, Canopy Converge at London’s Private Cannabis Investor Summit
Oct 27, 2026
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