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  • Meta, Bay Area tech giant, spent over $1 billion on layoffs this year
Meta, Bay Area tech giant, spent over $1 billion on layoffs this year
Layoffs
Meta, Bay Area tech giant, spent over $1 billion on layoffs this year
Founder News Team May 4, 2026 0

Meta, the Bay Area’s foremost social media giant, has laid off around 21,000 workers since November — and it has…

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Bay Area tech startup Moxion goes bankrupt, faces lawsuit over layoffs
Layoffs
Bay Area tech startup Moxion goes bankrupt, faces lawsuit over layoffs
Founder News Team May 4, 2026 0

Bay Area battery startup Moxion Power filed for Chapter 7 bankruptcy in a Delaware court on Monday. The once-buzzy company…

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Struggling Bay Area biotech firm once worth $1B lays off most workers
Layoffs
Struggling Bay Area biotech firm once worth $1B lays off most workers
Founder News Team May 4, 2026 0

Kronos Bio, a San Mateo biotech company, is losing millions of dollars a month and recently had to discontinue its…

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Bay Area biotech firm once worth billions guts staff with 73% layoff
Layoffs
Bay Area biotech firm once worth billions guts staff with 73% layoff
Founder News Team May 4, 2026 0

In yet another early year blow for the Bay Area’s biotech workforce, IGM Biosciences is laying off almost three-fourths of…

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Bay Area biotech company once worth $4.4B lays off chunk of staff
Layoffs
Bay Area biotech company once worth $4.4B lays off chunk of staff
Founder News Team May 4, 2026 0

Iovance Biotherapeutics, headquartered in the Bay Area and pioneering a new type of cancer treatment, is laying off about a…

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Bay Area tech company Synopsys to lay off more than 2,000 workers
Layoffs
Bay Area tech company Synopsys to lay off more than 2,000 workers
Founder News Team May 4, 2026 0

Synopsys, a Bay Area company known best for its silicon chip-design software, is laying off more than 2,000 workers after…

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Qualcomm, other Bay Area giants cut hundreds of jobs
Layoffs
Qualcomm, other Bay Area giants cut hundreds of jobs
Founder News Team Apr 29, 2026 0

Qualcomm stated in state filings that it will lay off approximately 194 workers in its Santa Clara offices and another…

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Genentech and Sanofi to lay off hundreds of Bay Area employees
Layoffs
Genentech and Sanofi to lay off hundreds of Bay Area employees
Founder News Team Apr 29, 2026 0

Biotech giants Genentech and Sanofi are set to lay off hundreds of Bay Area workers in the coming months. Genentech…

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Workday to cut 1,750 jobs as Bay Area tech giant pivots to AI
Layoffs
Workday to cut 1,750 jobs as Bay Area tech giant pivots to AI
Founder News Team Apr 29, 2026 0

Workday, the Bay Area human capital management tech giant, announced on Wednesday that it will cut 1,750 jobs, or 8.5%…

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Three European Union flags fluttering in the breeze in front of the European Commission building in Brussels.
Tech News
EU finds Meta not doing enough to keep underage utilizers at bay
Founder News Team Apr 29, 2026 0

Meta is ‘clear that Instagram and Facebook are intconcludeed for people aged 13 and older’, stated the company. The EU…

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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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