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  • Biotech Firm Once Valued at $3 Billion Slashes 30% of Workforce to Stay Afloat
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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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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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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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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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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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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Chevron to relocate 180 Bay Area workers to Houston
Layoffs
Chevron Begins Exodus From California as 180 Workers Face Houston Relocation Ahead of Full HQ Departure
Founder News Team Jul 15, 2026 0

Chevron is relocating approximately 180 employees from its San Ramon office to Houston, with moves expected to begin by September…

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Retail giant eBay lays off 281 Bay Area workers, cuts many engineers
Layoffs
eBay Slashes 1,000 Jobs as CEO Admits Workforce Grew Faster Than the Business
Founder News Team Jul 13, 2026 0

eBay announced Tuesday it is cutting approximately 1,000 employees — 9% of its full-time workforce — with 281 Bay Area…

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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
Cyprus and Australia explore AI, research and Horizon Europe cooperation
Australia’s €93.5 Billion Horizon Europe Deal Opens Research Doors for Cyprus
Sep 13, 2026
California company once worth $2.3 billion lays off every worker
FDA warning kills pandemic testing giant once valued at $2.3 billion
Sep 13, 2026
The Exploration Company raises $450 million for reusable spacecraft
European startup secures $450 million to build reusable spacecraft challenging SpaceX
Sep 12, 2026
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