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  • LinkedIn Cuts 5% of Staff While Posting Record Revenue as Tech Layoffs Surpass 103,000 in 2026
LinkedIn cuts 5% of staff despite record revenue, Reuters reports
Layoffs
LinkedIn Cuts 5% of Staff While Posting Record Revenue as Tech Layoffs Surpass 103,000 in 2026
Founder News Team Jun 13, 2026 0

LinkedIn is cutting 5% of its workforce despite reporting record revenue, according to Reuters. The layoffs are not AI-driven but…

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Meta layoffs: More than half of the 8,000 job cuts are in two US states, and these roles took the biggest hit
Layoffs
Meta Slashed 8,000 Jobs to Fund Its AI Bet, and Middle Managers Paid the Heaviest Price
Founder News Team Jun 11, 2026 0

Meta's aggressive AI investment push has triggered 8,000 layoffs, with 4,665 cuts concentrated in California and Washington state. Middle managers…

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Oil pipeline layoffs signal job cuts surge in sector
Layoffs
87% Built and Already Firing: EACOP Cuts Thousands of Local Workers as Africa’s Biggest Pipeline Nears Completion
Founder News Team Jun 10, 2026 0

As construction of the East African Crude Oil Pipeline (EACOP) approaches 87 percent completion, operator Eacop Ltd has begun mass…

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Salesforce Cuts Jobs Again As AI Threat Lingers
Layoffs
Salesforce Cuts Jobs Across Its Billion-Dollar AI Division as Stock Plunges 30%
Founder News Team Jun 10, 2026 0

Salesforce has conducted another round of layoffs, affecting employees across its Agentforce AI product, Mulesoft IT integration tool, and Marketing…

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AI drives 40% of US job cuts in May as employers slash 97,000 positions
Layoffs
AI Is Now the Top Reason Americans Are Losing Their Jobs and May Just Broke a Record
Founder News Team Jun 9, 2026 0

U.S. employers announced 97,006 job cuts in May, a 16% jump from April and 3% above May 2025 levels, according…

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Tough times: Firms make first job cuts in 15 months
Layoffs
Kenya’s Private Sector Cuts Jobs for First Time in 15 Months as Costs Surge to 2.5-Year High
Founder News Team Jun 5, 2026 0

Kenyan businesses cut jobs in May for the first time in 15 months as weakening demand and surging costs squeezed…

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Watch: Zuckerberg's superyacht arrives in Seattle just as Meta cuts 1,400 local jobs – GeekWire
Layoffs
As Zuckerberg’s $300 Million Superyacht Sailed Through Seattle, Meta Was Cutting 1,400 Local Jobs
Founder News Team May 28, 2026 0

Mark Zuckerberg's $300 million, 387-foot superyacht *Launchpad* — built by Dutch shipbuilder Feadship — passed through Seattle's Ballard Locks on…

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Local news cuts at Bell come after it was granted $40M in regulatory relief: St-Onge
Layoffs
Bell Slashes 4,800 Jobs After Pocketing $40 Million in Public Relief, Triggering Political Fury Over Broken Promises to Local Journalism
Founder News Team May 27, 2026 0

Bell Media's announcement of 4,800 job cuts on February 8, 2024, sparked fierce backlash from politicians who accused the company…

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Layoffs
Meta Fires 8,000 Workers While Spending $145 Billion, and Employees Are Furious About What Comes Next
Founder News Team May 22, 2026 0

Meta is cutting approximately 8,000 jobs this week, representing roughly 10% of its workforce, as the company continues restructuring efforts…

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Meta sends out layoff notices to 8,000 employees as it cuts 10% of staff amid AI changes
Layoffs
Meta Cuts 8,000 Jobs While Betting $115 Billion on AI Domination
Founder News Team May 21, 2026 0

Meta began sending layoff notices Wednesday to approximately 8,000 employees — representing 10% of its workforce — while directing affected…

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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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