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  • Apple Kills Electric Car Project, Axes 614 Silicon Valley Jobs
Apple is cutting hundreds of workers in the Bay Area
Layoffs
Apple Kills Electric Car Project, Axes 614 Silicon Valley Jobs
Founder News Team Sep 14, 2026 0

Apple laid off 614 employees across eight Silicon Valley locations, effective March 28, according to state filings. The largest cut…

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Bay Area hospitality group to close all restaurants, lay off 365
Layoffs
Bay Area Restaurant Empire Shuts All 7 Locations, Axing 365 Jobs
Founder News Team Sep 13, 2026 0

Vine Hospitality, a Bay Area restaurant group operating since 1994, is closing all seven of its locations this week, eliminating…

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Hudson's Bay owner makes US$340 million from North American real estate sales
Layoffs
Hudson’s Bay Owner Rakes In US$340 Million Selling North American Properties
Founder News Team Sep 12, 2026 0

HBC LP, parent of Hudson’s Bay, Saks Fifth Avenue and Saks OFF 5th, has generated roughly US$340 million from selling…

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Bay Area tech company AppLovin announces layoffs after stock rally
Layoffs
AppLovin cuts 120 jobs despite $41 billion stock surge
Founder News Team Sep 11, 2026 0

AppLovin laid off 120 employees despite a staggering stock surge that added $41 billion in market value over two days…

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Job search giant lays off dozens at Bay Area office
Layoffs
Indeed Eliminates 87 Foster City Jobs in Sweeping 1,000-Worker Restructuring
Founder News Team Sep 6, 2026 0

Indeed will lay off roughly 1,000 workers, including 87 at its Foster City office, according to a WARN notice filed…

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Bay Area tech company announces $28M profit, slashes staff by 21%
Layoffs
Upwork posts $28M profit while axing 21% of workforce
Founder News Team Aug 28, 2026 0

Upwork announced a 21% workforce reduction, about 160 jobs, despite a $28 million quarterly profit on $194 million in revenue.…

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‘Walk on water’ or return to the office, Bay Area tech CEO says
Layoffs
Broadcom CEO Scraps Remote Work After $69 Billion VMware Takeover
Founder News Team Aug 26, 2026 0

Broadcom has confirmed 1,267 layoffs at VMware’s Palo Alto operations, with terminations set for January 26, 2024, following its $69…

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Struggling Bay Area tech company lays off hundreds of workers
Layoffs
Chegg slashes 441 jobs as ChatGPT decimates its homework empire
Founder News Team Aug 26, 2026 0

Chegg is laying off 441 employees, nearly 25% of its workforce, as the education technology company struggles against free AI…

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Bay Area-based Electronic Arts to lay off hundreds of workers
Layoffs
EA Cuts 600 Jobs Despite $1 Billion Profit
Founder News Team Aug 25, 2026 0

Electronic Arts is cutting roughly 5% of its workforce, impacting at least 600 employees, CEO Andrew Wilson announced Wednesday. The…

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Biotech giant Gilead lays off 104 from Bay Area HQ, including execs
Layoffs
Gilead slashes 104 Bay Area jobs, axing six vice presidents
Founder News Team Aug 24, 2026 0

Gilead Sciences is eliminating 104 positions at its Foster City headquarters, including five vice presidents and a senior vice president,…

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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
MXL wins Content Creation category at IBC 2026 Innovation Awards
Open-source media layer replacing hardware cables wins IBC 2026 innovation prize
Sep 19, 2026
BEYOND Expo Upgrades to BEYOND as Asia’s Most Dynamic Tech Festival, Returning to Macao on 26–29 May 2027
Asia’s flagship tech gathering rebrands bigger, locks Macao return for May 2027
Sep 19, 2026
Southwest Airlines laying off 1,750 corporate workers in Dallas
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Sep 19, 2026
Top News Today: India's Chip Show, Italy's AI Health Agent, Grad Jobs Debate, Crypto Panel Report & iOS 27 Scam Shield
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