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  • Intuit Cuts 17% of Its Workforce to Bet Everything on AI
Exclusive-Intuit to cut 17% of global jobs to streamline operations, memo shows
Layoffs
Intuit Cuts 17% of Its Workforce to Bet Everything on AI
Founder News Team May 26, 2026 0

Intuit is laying off approximately 3,000 employees — about 17% of its global workforce — to streamline operations and accelerate…

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Big Tech cut 80,000 jobs and blamed AI — Experts say a real problem is that companies are 25% to 75% overstaffed
Layoffs
Tech Giants Quietly Blamed AI for 80,000 Layoffs While the Real Cause Was Hiding in Plain Sight
Founder News Team May 24, 2026 0

In Q1 2026, 86 tech companies eliminated over 80,000 jobs — the highest layoff count in three years — with…

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Morocco World News
Layoffs
LinkedIn Cuts 875 Jobs Despite 12% Revenue Growth as Tech Industry Layoffs Surpass 103,000 in 2026
Founder News Team May 17, 2026 0

Microsoft-owned LinkedIn is planning to cut approximately 5% of its global workforce — roughly 875 of its 17,500 employees —…

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Fox Business
Layoffs
Cisco Cuts 4,000 Jobs After Record Profits to Fund Its $9 Billion Bet on AI
Founder News Team May 15, 2026 0

Cisco Systems announced plans to cut nearly 4,000 jobs — under 5% of its global workforce — as part of…

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DeepL's 25 percent staff cut is Europe's AI translation leader adapting to generalist model pressure
Startups
DeepL Cuts 25% of Its Workforce to Fight Off OpenAI and Google as AI Rivals Close the Translation Gap
Founder News Team May 8, 2026 0

Cologne-based AI translation company DeepL, valued at €2 billion after a €300 million funding round last year, announced plans to…

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Juul plans substantial layoffs to cut costs
Layoffs
Juul plans substantial layoffs to cut costs
Founder News Team May 6, 2026 0

Juul Labs is planning to lay off a substantial number of employees as part of a company-wide “restructuring,” the firm…

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Planet CEO blames himself for 10% staff cut, 85 San Francisco layoffs
Layoffs
Planet CEO blames himself for 10% staff cut, 85 San Francisco layoffs
Founder News Team May 6, 2026 0

Planet, a San Francisco-based sanotifyite imagery company, is laying off 117 employees — 10% of its workforce — as it…

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ESPN to shut down LA version of iconic show, cut West Coast jobs
Layoffs
ESPN to shut down LA version of iconic display, cut West Coast jobs
Founder News Team May 5, 2026 0

The Los Angeles version of ESPN’s long-running “SportsCenter” display is shutting down and forcing nearly three dozen employees to relocate…

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Voters would reverse parts of Brexit to cut their bills
Europe News
Voters would reverse parts of Brexit to cut their bills
Founder News Team May 5, 2026 0

Britons would be willing to accept the UK following EU customs union rules if it brought down their living costs,…

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Flipkart Layoffs: 3-4% workforce cut down in annual performance - Details - Companies
Layoffs
Flipkart Layoffs: 3-4% workforce cut down in annual performance – Details – Companies
Founder News Team May 4, 2026 0

Walmart-owned e-commerce company Flipkart has reportedly laid off around 400 to 500 employees as part of its annual performance evaluation…

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Posts pagination

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Latest News
NVIDIA Corporation (NVDA) Partners with Nebius to Support AI Robotics Startup in Europe
NVIDIA and Nebius Launch Six-Month Program to Transform European Robotics Startups Into Market-Ready AI Powerhouses
Jun 14, 2026
NVIDIA Corporation (NVDA) Partners with Nebius to Support AI Robotics Startup in Europe
NVIDIA and Nebius Back the Robotics Race Poised to Become a $250 Trillion Market
Jun 14, 2026
UK tech funding roundup: This week's deals from Edra to First Concepts
PhysicsX Raises £225 Million Series A Backed by NVIDIA and Siemens as UK Tech Funding Drops 44% in a Single Week
Jun 13, 2026
PM Carney in Ireland to meet with leaders, visit family's homeland
Canada’s PM Carney Visits the Irish Village His Grandparents Left Behind a Century Ago While Sealing a Trade Deal Worth Billions
Jun 13, 2026
United Voice — Delegates from across Europe gather in Istanbul for the 2026 European Boating Industry General Assembly, where members discussed sustainability, market intelligence and future priorities for the recreational boating sector.
European Boating Industry Grows to 33 Members as Istanbul Assembly Puts Turkey’s Shipbuilding Sector in the Global Spotlight
Jun 13, 2026
Recent Posts
  • NVIDIA and Nebius Launch Six-Month Program to Transform European Robotics Startups Into Market-Ready AI Powerhouses
  • NVIDIA and Nebius Back the Robotics Race Poised to Become a $250 Trillion Market
  • PhysicsX Raises £225 Million Series A Backed by NVIDIA and Siemens as UK Tech Funding Drops 44% in a Single Week
  • Canada’s PM Carney Visits the Irish Village His Grandparents Left Behind a Century Ago While Sealing a Trade Deal Worth Billions
  • European Boating Industry Grows to 33 Members as Istanbul Assembly Puts Turkey’s Shipbuilding Sector in the Global Spotlight
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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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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
NVIDIA Corporation (NVDA) Partners with Nebius to Support AI Robotics Startup in Europe
NVIDIA and Nebius Launch Six-Month Program to Transform European Robotics Startups Into Market-Ready AI Powerhouses
Jun 14, 2026
NVIDIA Corporation (NVDA) Partners with Nebius to Support AI Robotics Startup in Europe
NVIDIA and Nebius Back the Robotics Race Poised to Become a $250 Trillion Market
Jun 14, 2026
UK tech funding roundup: This week's deals from Edra to First Concepts
PhysicsX Raises £225 Million Series A Backed by NVIDIA and Siemens as UK Tech Funding Drops 44% in a Single Week
Jun 13, 2026
PM Carney in Ireland to meet with leaders, visit family's homeland
Canada’s PM Carney Visits the Irish Village His Grandparents Left Behind a Century Ago While Sealing a Trade Deal Worth Billions
Jun 13, 2026
United Voice — Delegates from across Europe gather in Istanbul for the 2026 European Boating Industry General Assembly, where members discussed sustainability, market intelligence and future priorities for the recreational boating sector.
European Boating Industry Grows to 33 Members as Istanbul Assembly Puts Turkey’s Shipbuilding Sector in the Global Spotlight
Jun 13, 2026
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