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  • From $12 Billion to $159 Million: Chegg Slashes 319 Jobs as AI Decimates Its Business
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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'Spraying and praying' is ruining the Bay Area tech job market
Layoffs
Bay Area Tech Jobs Are Vanishing Behind an AI Wall That Blocks the Very Candidates It Creates
Founder News Team Jul 2, 2026 0

The Bay Area tech job market is in crisis, with candidates resorting to "spraying and praying" — using AI-powered resume…

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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
Southwest slashes 1,750 corporate jobs in first-ever layoff after 53 years
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
iOS 27 Unveils Built-In Defense Against Bank and Government Impersonation Scams
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Trump vows severe tariffs or trade cutoff if Canada pursues EU membership
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