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  • Robotaxi firm Cruise cuts 535 California jobs after pedestrian-dragging crash fallout
Embattled tech company Cruise slashed 376 jobs in San Francisco
Layoffs
Robotaxi firm Cruise cuts 535 California jobs after pedestrian-dragging crash fallout
Founder News Team Sep 6, 2026 0

Cruise is cutting 900 jobs, nearly a quarter of its workforce, including 535 positions across California. The San Francisco robotaxi…

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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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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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Civil services dropout builds Rs 95,000 crore Meesho empire from failed startups
Founder News Team Aug 25, 2026 0

Vidit Aatrey, an IIT Delhi electrical engineering graduate, abandoned a civil services path after failed startups Fashnear and a seller…

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SF biotech company slashes 75% of staff after failed cancer trials
Layoffs
Failed pancreatic cancer trials trigger 75 percent staff purge at FibroGen
Founder News Team Aug 25, 2026 0

FibroGen is cutting 127 jobs at its San Francisco headquarters, roughly 75 percent of its U.S. workforce, after two late-stage…

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Modesto company announces layoffs as wine industry struggles
Layoffs
66 Workers Face Permanent Layoffs as Wine Industry Turmoil Hits Modesto
Founder News Team Aug 17, 2026 0

A Modesto packaging and logistics firm with deep ties to the Gallo wine empire will eliminate 66 permanent positions before…

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SF tech company Turo lays off about 150, blames 'economic uncertainty'
Layoffs
Car-sharing giant Turo slashes 15% of workforce after IPO retreat
Founder News Team Aug 17, 2026 0

Turo is cutting nearly one in six employees after abandoning its public debut plans, a sign that even major sharing…

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Near-bankrupt Bay Area tech company once worth $9B plots 290 layoffs
Layoffs
SunPower’s collapse threatens 290 California jobs as solar pioneer nears bankruptcy
Founder News Team Aug 14, 2026 0

A solar industry pioneer is on the verge of bankruptcy, putting 290 California workers at risk. SunPower's financial unraveling signals…

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SF tech company worth $16B lays off staff after turning first profits
Layoffs
$16B Okta slashes 180 jobs despite posting its first-ever profits
Founder News Team Aug 13, 2026 0

Okta just recorded its first profitable year in company history, yet it is still cutting 180 employees from its workforce…

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IN Business July 2025
Tech News
Cyprus Engineers Now Powering Europe’s Next-Gen Electronic Warfare Systems
Founder News Team Aug 9, 2026 0

A tiny Mediterranean island has quietly become the brain trust behind Europe's most advanced electronic defense technology. Cyprus is now…

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Latest News
Private mail provider closing San Antonio site, laying off 164
Mail operator cuts 164 San Antonio jobs, shuts East Side facility
Sep 10, 2026
Isar Aerospace's Spectrum Rocket Reaches Orbit in Historic First for Europe — BigGo Finance
German Rocket Reaches Orbit 524 Days After Fiery Arctic Crash
Sep 10, 2026
On 13 April 2029, the roughly Eiffel Tower-sized asteroid Apophis will safely pass just 32,000 kilometres above Earth—inside the orbit of many geosynchronous satellites—and briefly become visible to the naked eye under clear, dark skies for around two billion people across Europe, Africa and parts of Asia, during a close encounter expected only about once per millennium.
Eiffel Tower-Sized Asteroid to Pass Inside Satellite Orbits Before 2 Billion Eyes
Sep 10, 2026
Nvidia partner Hon Hai’s sales climb 52% as Europe lines up its own orders
Foxconn’s $29 Billion Monthly Revenue Outruns AI Bubble Fears
Sep 10, 2026
VW Plans 50k More Job Cuts Amid Biggest Overhaul in Its History
VW Slashes 50,000 More Jobs in Its Largest-Ever Restructuring Plan
Sep 10, 2026
Recent Posts
  • Mail operator cuts 164 San Antonio jobs, shuts East Side facility
  • German Rocket Reaches Orbit 524 Days After Fiery Arctic Crash
  • Eiffel Tower-Sized Asteroid to Pass Inside Satellite Orbits Before 2 Billion Eyes
  • Foxconn’s $29 Billion Monthly Revenue Outruns AI Bubble Fears
  • VW Slashes 50,000 More Jobs in Its Largest-Ever Restructuring Plan
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On 13 April 2029, the roughly Eiffel Tower-sized asteroid Apophis will safely pass just 32,000 kilometres above Earth—inside the orbit of many geosynchronous satellites—and briefly become visible to the naked eye under clear, dark skies for around two billion people across Europe, Africa and parts of Asia, during a close encounter expected only about once per millennium.
Europe News
Eiffel Tower-Sized Asteroid to Pass Inside Satellite Orbits Before 2 Billion Eyes
Founder News Team Sep 10, 2026
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Europe News
PES MP Accuses Budva Leader of Tolerating Mladić Glorification for Power
Founder News Team Sep 10, 2026
Greenland is once again at the center of a growing Arctic power struggle. As the US, China, and Russia compete for influence in the region, the EU is also ramping up its efforts. European Commission President Ursula von der Leyen is set to visit Greenland in a bid to strengthen ties with the island. Here’s why everyone wants a stake in the Arctic. #dwgeopolitics #geoboard
Europe News
Von der Leyen heads to Greenland as superpowers battle for Arctic control
Founder News Team Sep 10, 2026
EU's G5 Coalition Eyes Offshore Migrant Return Hubs
Europe News
Five EU Nations Push Deal to Deport Migrants Offshore by 2027
Founder News Team Sep 9, 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
Private mail provider closing San Antonio site, laying off 164
Mail operator cuts 164 San Antonio jobs, shuts East Side facility
Sep 10, 2026
Isar Aerospace's Spectrum Rocket Reaches Orbit in Historic First for Europe — BigGo Finance
German Rocket Reaches Orbit 524 Days After Fiery Arctic Crash
Sep 10, 2026
On 13 April 2029, the roughly Eiffel Tower-sized asteroid Apophis will safely pass just 32,000 kilometres above Earth—inside the orbit of many geosynchronous satellites—and briefly become visible to the naked eye under clear, dark skies for around two billion people across Europe, Africa and parts of Asia, during a close encounter expected only about once per millennium.
Eiffel Tower-Sized Asteroid to Pass Inside Satellite Orbits Before 2 Billion Eyes
Sep 10, 2026
Nvidia partner Hon Hai’s sales climb 52% as Europe lines up its own orders
Foxconn’s $29 Billion Monthly Revenue Outruns AI Bubble Fears
Sep 10, 2026
VW Plans 50k More Job Cuts Amid Biggest Overhaul in Its History
VW Slashes 50,000 More Jobs in Its Largest-Ever Restructuring Plan
Sep 10, 2026
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