Skip to content
  • Friday, 19 June 2026
  • 8:58 pm
  • Follow us
Startup News Europe Founder News | Startup and Business news in Europe and beyond | Founder News EU| Startup News Europe | Get the latest Startup News here and in your inbox
  • Home
  • Startups
  • Funding
  • M&A
  • Tech News
  • Layoffs
  • AI News
  • Sustainability
  • EU
  • Home
  • Bay Area biotech firm once worth billions guts staff with 73% layoff
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…

Read More
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…

Read More
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…

Read More
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…

Read More
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…

Read More
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%…

Read More
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…

Read More
Layoffs
Cisco to cut 730 jobs in the Bay Area
Founder News Team Apr 28, 2026 0

According to regulatory filings to state and local officials, approximately 730 jobs will be affected across the region. That includes…

Read More
Chevron to lay off thousands after relocating from Bay Area
Layoffs
Chevron to lay off thousands after relocating from Bay Area
Founder News Team Apr 27, 2026 0

Chevron plans to lay off 15% to 20% of its global workforce to cut $3 billion in costs by 2026,…

Read More
Bay Area biotech company laying off 90% of staff as CEO leaves
Layoffs
Bay Area biotech company laying off 90% of staff as CEO leaves
Founder News Team Apr 23, 2026 0

The San Carlos-based company expects $24 million to $29 million in costs related to the cuts, including severance pay and…

Read More

Posts pagination

1 … 3 4 5 … 13
Latest News
How Long Will the Innodata Party Last?
Innodata’s 48% Revenue Surge Masks a Fragile Bet on Big Tech’s AI Spending Spree
Jun 19, 2026
Cleantech Information | AZoCleantech.com - Page not found
FNeu
Jun 19, 2026
DAZN launches Saturday Fight Night
DAZN Unites Boxing’s Biggest Promoters Under One Weekly Banner Starting This Saturday
Jun 19, 2026
Candidate earning Rs 58,000 was offered Rs 60,000 by HR as 'reasonable increase'. Then a Rs 85,000 job offer changed everything. Delhi co-founder shares the story
She Asked for Rs 75,000, Got Rs 60,000, Then Left for Rs 85,000 and Only Then Did Her Company Finally Care
Jun 19, 2026
CAE laying off roughly 280 workers -- mostly in Montreal
CAE Cuts 280 Jobs and Eyes European Asset Sales as Pilot Demand Slows
Jun 19, 2026
Recent Posts
  • Innodata’s 48% Revenue Surge Masks a Fragile Bet on Big Tech’s AI Spending Spree
  • FNeu
  • DAZN Unites Boxing’s Biggest Promoters Under One Weekly Banner Starting This Saturday
  • She Asked for Rs 75,000, Got Rs 60,000, Then Left for Rs 85,000 and Only Then Did Her Company Finally Care
  • CAE Cuts 280 Jobs and Eyes European Asset Sales as Pilot Demand Slows
founder news hostinger partner
Our Mission
Founder News Banner



Founder News Team
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.
YOU MAY HAVE MISSED
Bulgaria: EU Split Deepens as Macron and Merz Reject Costa’s Russia Contact Plan
Europe News
Europe’s Leaders Are Fighting Over Who Gets to Talk to Putin First
Founder News Team Jun 19, 2026
Xiaomi TV FX Mini LED 75 Buy Now
Europe News
Xiaomi Launches Budget Mini LED TVs in Europe Starting at €349 to Take On TCL and Hisense
Founder News Team Jun 19, 2026
EU Wrestles over How to Tackle China Export Flood
Europe News
Syria Signs Historic Gas Deal With ConocoPhillips That Could Transform Its Crippled Economy Within a Year
Founder News Team Jun 18, 2026
Sysmex Europe Launches Automated Blood Testing Platform for Alzheimer’s Disease
Europe News
Sysmex’s 17-Minute Blood Test for Alzheimer’s Hits European Labs With Accuracy Scores That Challenge Brain Scans
Founder News Team Jun 18, 2026

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
How Long Will the Innodata Party Last?
Innodata’s 48% Revenue Surge Masks a Fragile Bet on Big Tech’s AI Spending Spree
Jun 19, 2026
Cleantech Information | AZoCleantech.com - Page not found
FNeu
Jun 19, 2026
DAZN launches Saturday Fight Night
DAZN Unites Boxing’s Biggest Promoters Under One Weekly Banner Starting This Saturday
Jun 19, 2026
Candidate earning Rs 58,000 was offered Rs 60,000 by HR as 'reasonable increase'. Then a Rs 85,000 job offer changed everything. Delhi co-founder shares the story
She Asked for Rs 75,000, Got Rs 60,000, Then Left for Rs 85,000 and Only Then Did Her Company Finally Care
Jun 19, 2026
CAE laying off roughly 280 workers -- mostly in Montreal
CAE Cuts 280 Jobs and Eyes European Asset Sales as Pilot Demand Slows
Jun 19, 2026
Categories
  • AI News
  • Europe News
  • Founders
  • Funding
  • Layoffs
  • M&A
  • Startups
  • Sustainability & Impact
  • Tech News
Sign Up For Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Copyright © 2026 Founder News all rights reserved | | Seattle News by ThemeArile

  • Home
  • Advertise with us
  • Articles
  • About
  • Terms of Service
  • Privacy Policy
  • Contact
All the news in one email ?
End your day staying up to date with the latest news, once a day in one email for busy founders like you!
By subscribing, you agree with our privacy policy and our terms of service.