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  • Genentech parent company boasts $16 billion profit as 143 Bay Area jobs vanish
Bay Area's oldest biotech company lays off more than 140 workers
Layoffs
Genentech parent company boasts $16 billion profit as 143 Bay Area jobs vanish
Founder News Team Aug 9, 2026 0

Swiss pharmaceutical giant Roche is sitting on $16 billion in earnings while quietly erasing 143 positions from its Genentech campus…

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Tech company ditches Bay Area office, moves HQ to Texas
Layoffs
Solar Shingle Maker GAF Energy Shutters San Jose Plant, Axes 138 Jobs for Texas
Founder News Team Aug 8, 2026 0

A residential solar company is dismantling its Silicon Valley production line and moving operations to Texas, cutting 138 California jobs…

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Facing company layoffs, Eater SF moves to new 'regional' model
Layoffs
Eater Slashes Food Critics and City Editors in Sweeping Regional Overhaul
Founder News Team Aug 6, 2026 0

The country’s most influential restaurant publication just dismantled its entire city-level editorial structure, eliminating food critics and editors across major…

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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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AI will not trigger employment collapse, staffing company Adecco Group says
Layoffs
Record Employment Defies Fears as AI Prompts Role Evolution Over Mass Layoffs
Founder News Team Aug 3, 2026 0

Workers aren't being replaced by machines so much as their job descriptions are quietly being rewritten from the inside out.…

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Another San Antonio company bought: California firm to buy Visionworks
M&A
VSP Global Acquires Visionworks in Its Biggest Deal Ever, Doubling Its Workforce Overnight
Founder News Team Jul 14, 2026 0

California-based VSP Global has agreed to acquire San Antonio eyecare retailer Visionworks for an undisclosed sum, marking the company's largest…

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Portugal company named among Europe's Climate Leaders for 2026
Sustainability & Impact
Portuguese Logistics Firm Luís Simões Beats 2,400 Rivals to Secure a Spot Among Europe’s Top Climate Leaders
Founder News Team Jul 14, 2026 0

Portuguese logistics company Luís Simões has been recognised as one of Europe's Climate Leaders for 2026 by the Financial Times,…

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Quantum Systems raises $1.2B, IQM becomes first European quantum company on major US exchange, and European startup funding in June
Startups
Europe’s Tech Boom Hits $1.6 Billion as Quantum Systems Raises $1.2 Billion and a Finnish Startup Makes U.S. Exchange History
Founder News Team Jul 4, 2026 0

European tech dealmaking surged in late June and early July 2026, with over 55 funding rounds totaling more than €1.6…

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Layoffs NC | SAS Institute cuts 300 jobs company wide; analytics software provider headquartered in Cary, is a global
Layoffs
SAS Institute Cuts 300 Jobs Worldwide as It Shifts Resources Toward AI and Cloud Growth
Founder News Team Jun 30, 2026 0

SAS Institute, the prominent analytics software company headquartered in Cary, North Carolina, has confirmed it is eliminating 300 positions companywide.…

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BYD
Layoffs
Lucid Slashes 1,500 Jobs and Kills Production Shift as Survival Pressure Mounts
Founder News Team Jun 23, 2026 0

Lucid Group announced Monday it will cut approximately 18% of its U.S. workforce — an estimated 1,500 workers — including…

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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
Europe opens its supercomputers to Canada to break free from the United States
Canada Joins Europe’s Supercomputer Network to Loosen US Reliance on AI
Nov 2, 2026
Mycofeast Acquires New Zealand's Daisy Lab to Scale Precision-Fermented Lactoferrin
$2,000-Per-Kilogram Lactoferrin Startups Consolidate as UK Firm Buys New Zealand Rival
Nov 2, 2026
Mantua, Italy’s greenest city: a model of urban sustainability
Renaissance Art Hub Mantua Scores Highest Sustainability Ranking Across Italy
Nov 2, 2026
Supermarket freezers in 4 European countries hit by apparent cyberattack - National
Hackers Crank Supermarket Freezers to 122 Degrees Across Four European Nations
Nov 2, 2026
TechCrunch Early Stage 2024 audience
Toast co-founder proves Boston startups can scale globally without relocating
Nov 2, 2026
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