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  • Lucid Slashes 30% of Its Workforce in Four Months, Kills COO Role and Suspends Production Guidance as Losses Hit $2.7 Billion
EV maker Lucid is reducing its U.S. workforce by 18%
Layoffs
Lucid Slashes 30% of Its Workforce in Four Months, Kills COO Role and Suspends Production Guidance as Losses Hit $2.7 Billion
Founder News Team Jun 23, 2026 0

Lucid Group announced its second major round of layoffs in 2026, cutting approximately 1,500 positions — 18% of its US…

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EU official says Europe not security risk after US AI access cut
Tech News
Europe Poses No Security Threat, EU Official Declares After US Cuts Europeans Off From Powerful AI Models
Founder News Team Jun 16, 2026 0

EU official Henna Virkkunen, executive vice-president for tech sovereignty, security and democracy, declared on Monday that Europe poses no security…

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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
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Southwest Airlines laying off 1,750 corporate workers in Dallas
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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
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