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  • FedEx’s $2 Billion Overhaul Axes 116 Jobs Across Victorville, Palm Springs
FedEx, Staples, LAZ Parking cut 500 jobs as new round of layoffs hit Southern California
Layoffs
FedEx’s $2 Billion Overhaul Axes 116 Jobs Across Victorville, Palm Springs
Founder News Team Aug 17, 2026 0

A $2b operational reset is cutting over a hundred jobs in California's logistics hubs. The restructuring hits Victorville and Palm…

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Amazon cuts 16,000 jobs in the latest round of layoffs
Layoffs
Amazon slashes 16,000 positions as tech industry layoffs accelerate
Founder News Team Aug 16, 2026 0

Amazon quietly removed thousands of corporate roles this month, with layoffs now spreading well beyond the usual cost cutting cycles.…

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Thomson Reuters to cut ‘small number’ of engineering jobs | The Mighty 790 KFGO
Layoffs
Thomson Reuters slashes 500 engineering roles while chasing AI-driven efficiencies
Founder News Team Aug 16, 2026 0

Thomson Reuters is cutting roughly 500 engineering positions even as it reorients its entire product strategy around artificial intelligence. The…

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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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LinkedIn slashes 519 Bay Area jobs, engineers take the biggest hit
Layoffs
LinkedIn Axes 519 Bay Area Engineers as AI Overhauls the Product Workforce
Founder News Team Aug 4, 2026 0

Mass layoffs at LinkedIn just eliminated over 500 engineering roles in the Bay Area, not because the business is struggling…

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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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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
Sep 19, 2026
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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