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  • Meta slashes 8,000 jobs while pouring up to $145 billion into AI
The layoffs come amid reports of declining morale at the Mark Zuckerberg-led company following the launch of an AI-tracking programme for workers in an effort to train Meta’s own AI models, a point of contention for workers, the Wall Street Journal reported.
Layoffs
Meta slashes 8,000 jobs while pouring up to $145 billion into AI
Founder News Team Oct 31, 2026 0

Meta is cutting 8,000 jobs, or 10% of its workforce, with layoffs beginning Wednesday morning in three waves. Affected teams…

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eBay to cut about 1,000 jobs in latest Bay Area tech layoffs
Layoffs
eBay Slashes 1,000 More Jobs Eight Months After Axing 800 Roles
Founder News Team Oct 25, 2026 0

eBay is cutting another 1,000 jobs, about 9% of its workforce, CEO Jamie Iannone told staff Wednesday. The layoffs follow…

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Intel to slash 25,000 jobs, end remote work
Layoffs
Intel Cuts 25,000 Jobs and Ends Remote Work in Major Overhaul
Founder News Team Oct 22, 2026 0

Intel will cut roughly 25,000 jobs, about 15% of its core staff, before the end of 2025, reducing its global…

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IBM cutting thousands of jobs worldwide, dozens in Bay Area
Layoffs
IBM axes 75 San Jose jobs as AI reshapes 270,000-strong workforce
Founder News Team Oct 21, 2026 0

IBM will permanently cut 75 jobs at its South San Jose campus on January 5, according to a California regulatory…

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NAB to cut 2,500 jobs in massive restructure | National Australia Bank
Layoffs
NAB slashes 2,500 jobs as AI disruption reshapes Australian banking
Founder News Team Oct 20, 2026 0

National Australia Bank will cut 2,500 jobs by year’s end, reducing its workforce by 6% as artificial intelligence accelerates structural…

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Walmart reorganization impacts 568 jobs at Bay Area offices
Layoffs
Walmart slashes 568 Bay Area corporate jobs while building Arkansas mega-campus
Founder News Team Oct 18, 2026 0

Walmart is cutting 568 corporate jobs across its San Bruno and Sunnyvale offices, with layoffs effective Aug. 9. The San…

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Global biotech company exits Silicon Valley, 121 jobs cut
Layoffs
French diagnostics giant jettisons Silicon Valley site, slashing 121 Bay Area jobs
Founder News Team Oct 16, 2026 0

French diagnostics giant bioMérieux will permanently close its San Jose facility on April 3, eliminating all 121 jobs at the…

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Kroger to cut 3K corporate jobs over the next 3 years
Layoffs
Kroger slashes 3,000 corporate roles to fund lower grocery prices
Founder News Team Oct 13, 2026 0

Kroger will cut roughly 3,000 corporate jobs over three years as CEO Greg Foran targets bureaucracy to sharpen competitiveness. Announced…

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‘Can’t find meaningful work’: Bengaluru founder explains why young Indians feel frustrated as jobs, AI disruption and rising costs reshape the economy
Founders
Degrees No Longer Guarantee Jobs as AI and Inflation Hit India’s Youth
Founder News Team Oct 6, 2026 0

Bengaluru entrepreneur Rohan Mayya warns that India’s degree-to-job pipeline has fractured under AI, inflation, and a tech hiring slowdown. With…

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NEAR co-founder pitches AI pets, private trading and cross-chain payments - 12
AI News
Uneven AI rollout drives Europe’s future hiring and investment abroad, CEO warns
Founder News Team Oct 5, 2026 0

Uneven access to AI tools across Europe could push future tech hiring and investment abroad, warns Brickken CEO Edwin Mata.…

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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
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Nov 4, 2026
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