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  • Snapchat Sheds 250 California Staffers as $500 Million Cost-Saving Plan Takes Hold
Snapchat cuts almost 250 jobs in California amid round of layoffs
Layoffs
Snapchat Sheds 250 California Staffers as $500 Million Cost-Saving Plan Takes Hold
Founder News Team Aug 7, 2026 0

Snap is cutting nearly 30% of its California workforce as part of an aggressive half-billion-dollar lean-up that’s already underway. The…

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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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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
Pop Mart 1H performance upbeat
Pop Mart Faces Growth Slowdown Despite China Revenue Surging 47 Percent
Nov 7, 2026
Europe Struggles to Bar Russian War Veterans as Schengen Security Rules Expose a Legal Gap
Half a Million Russian Soldiers Identified, Yet Under 1% Barred From Europe
Nov 7, 2026
Europe Startup Funding: 60+ Deals, €1.3B in a Week
Single €835 million debt deal drives Europe’s €1.3 billion startup funding week
Nov 7, 2026
European Commission Launches €1.8 Billion for Strategic Technologies
€1.8 Billion Fuels Europe’s Deep Tech Race Against US and China
Nov 7, 2026
nationthailand
Activists Storm Microsoft Site as 16 Nations Demand Data Centre Construction Freeze
Nov 7, 2026
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