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  • Meta Slashes 8,000 Jobs While Shifting 7,000 Staff to Build AI
Meta cuts 10% of workers — 8,000 jobs — as AI grows
Layoffs
Meta Slashes 8,000 Jobs While Shifting 7,000 Staff to Build AI
Founder News Team Aug 6, 2026 0

Meta is cutting 8,000 employees and reallocating another 7,000 into artificial intelligence roles in a brutal efficiency play that reshapes…

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Byron Allen Cuts 35% of BuzzFeed Staff
Layoffs
BuzzFeed Sheds 180 Workers as Byron Allen Engine Streamlines for Profitability
Founder News Team Aug 4, 2026 0

BuzzFeed just laid off nearly a quarter of its remaining editorial staff in a single round of cuts. The company…

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Microsoft cuts another 4,800 jobs, including many in Xbox division
Layoffs
Xbox Sheds 1,600 Jobs Immediately as Microsoft Confronts a 33 Percent Hardware Sales Plunge
Founder News Team Aug 3, 2026 0

Microsoft just slashed 1,600 Xbox jobs in a single stroke after hardware revenue cratered by a third. The swift cuts…

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Business Standard
Layoffs
Amazon Slashes AGI Team Jobs While Betting Bigger on Artificial Intelligence
Founder News Team Aug 2, 2026 0

Amazon is cutting employees from its own artificial general intelligence division even as it funnels billions more into dominating the…

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Photo of Nucleus_AI
Layoffs
Microsoft Cuts 4,800 Jobs and Spins Off Four Game Studios as AI Reshapes Xbox’s Future
Founder News Team Jul 14, 2026 0

On July 6, 2026, Microsoft announced the elimination of 4,800 jobs — roughly 2.1% of its global workforce — as…

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A man walks past the Xbox logo at the Microsoft booth during the E3 game show in Los Angeles.
Layoffs
Microsoft Axes 3,200 Xbox Jobs as CEO Admits the Business Is “Not Healthy”
Founder News Team Jul 13, 2026 0

Microsoft is cutting 4,800 jobs — roughly 2.1% of its global workforce — including 1,600 positions at its Xbox gaming…

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Retail giant eBay lays off 281 Bay Area workers, cuts many engineers
Layoffs
eBay Slashes 1,000 Jobs as CEO Admits Workforce Grew Faster Than the Business
Founder News Team Jul 13, 2026 0

eBay announced Tuesday it is cutting approximately 1,000 employees — 9% of its full-time workforce — with 281 Bay Area…

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Microsoft cuts 4,800 jobs, including many at Xbox in a 'reset' of its gaming division
Layoffs
Microsoft Axes 4,800 Jobs and Spins Off Four Game Studios as Xbox CEO Admits the Division Is Financially Broken
Founder News Team Jul 13, 2026 0

Microsoft is cutting 4,800 jobs — roughly 2.1% of its global workforce — including 1,600 Xbox employees, with another 1,600…

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Chegg cuts 45% of staff as AI reshapes online education
Layoffs
Chegg Cuts Nearly Half Its Workforce as AI Destroys the Homework Help Business It Built Over Two Decades
Founder News Team Jul 4, 2026 0

Chegg, founded in 2005 and once valued at nearly $15 billion, is cutting 45% of its workforce as AI tools…

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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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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
Genentech closing South SF facility, laying off workers
Genentech axes 265 jobs as storied 40-year cancer drug plant closes
Sep 21, 2026
China's Leapmotor overtakes Subaru, Mitsubishi Motors in global sales
Chinese EV startup Leapmotor eclipses Subaru and Mitsubishi in quarterly global sales
Sep 21, 2026
Edinburgh takes five of top 10 places in league table of support for rejoining European Union
Five Edinburgh Seats Rank Among UK’s Strongest Backers for Rejoining EU
Sep 21, 2026
IMF warns AI could boost Europe’s productivity while widening inequality and straining power grids | Ukraine news
AI Could Boost Europe’s Economy 1% While Straining Power Grids and Widening Inequality
Sep 21, 2026
Whalesbook
USFDA Finds Only One Minor Issue at Shilpa Medicare Hyderabad Unit
Sep 21, 2026
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