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  • Genentech parent company boasts $16 billion profit as 143 Bay Area jobs vanish
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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  • Germany Blocks EU Ban as 739 Million Euros of Russian Fish Flood Europe
  • AmEx Ventures Backs a Marketing Startup Racing to Conquer AI Search
  • Genentech parent company boasts $16 billion profit as 143 Bay Area jobs vanish
  • Industrial AI Scaling Pressures Push IoT Tech Expo Beyond Pilot Projects
  • OpenAI and Anthropic’s $300 Billion AI Race Forges a New Era of Digital Sovereignty
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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
Why Russian seafood keeps evading European sanctions
Germany Blocks EU Ban as 739 Million Euros of Russian Fish Flood Europe
Aug 9, 2026
Marketing startup Pie attracts latest investor: AmEx Ventures
AmEx Ventures Backs a Marketing Startup Racing to Conquer AI Search
Aug 9, 2026
Bay Area's oldest biotech company lays off more than 140 workers
Genentech parent company boasts $16 billion profit as 143 Bay Area jobs vanish
Aug 9, 2026
From autonomous factories and AI-powered robots to connected vehicles and smart cities, organisations are entering a new era where connected systems are expected not only to collect data, but also to analyse, decide and act in real time.
Industrial AI Scaling Pressures Push IoT Tech Expo Beyond Pilot Projects
Aug 9, 2026
A conversation with Lila Tretikov
OpenAI and Anthropic’s $300 Billion AI Race Forges a New Era of Digital Sovereignty
Aug 9, 2026
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