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  • Meta Cuts 14,000 Jobs to Fund a $135 Billion Bet on AI
Meta to lay off 10% of its staff: What we know
Layoffs
Meta Cuts 14,000 Jobs to Fund a $135 Billion Bet on AI
Founder News Team Jun 12, 2026 0

Meta, the Menlo Park-based parent company of Facebook, Instagram, and WhatsApp, is cutting approximately 10% of its workforce, eliminating 8,000…

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Algoma Steel to lay off 1,000 workers in coming months, union says
Layoffs
Algoma Steel Cuts Over 1,000 Jobs as U.S. Tariffs Drain Half a Billion Dollars and Force a Historic Production Overhaul
Founder News Team Jun 7, 2026 0

Algoma Steel began issuing approximately 1,050 layoff notices on December 1, 2025, affecting more than a third of its workforce…

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Houston-based Chevron to lay off 200 workers in West Texas — not 800
Layoffs
Chevron’s West Texas Layoffs Were Four Times Smaller Than Reported, But the Real Number Still Signals a Deeper Workforce Reckoning
Founder News Team Jun 4, 2026 0

Houston-based Chevron will lay off 200 workers — not 800, as the Texas Workforce Commission initially reported — at three…

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Meta to lay off 10% of workforce in AI push
Layoffs
Meta Cuts 10% of Its Workforce as AI Investment Forces Out Thousands of Workers
Founder News Team Jun 3, 2026 0

Meta announced on April 23 plans to lay off approximately 8,000 employees — 10% of its global workforce — as…

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Life-sciences firm IDEX to close facility in CT, lay more than 70
Layoffs
Life-Sciences Manufacturer IDEX Shuts Down Connecticut Facility, Eliminating 73 Jobs in Two Waves
Founder News Team May 17, 2026 0

IDEX Health & Science, a life-sciences manufacturer of optofluidic products, announced plans to permanently close its Bristol, Connecticut facility at…

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San Francisco tech company DocuSign to lay off staff again
Layoffs
DocuSign Slashes 10% of Its Workforce in Second Round of Layoffs Within Six Months
Founder News Team May 9, 2026 0

San Francisco-based DocuSign announced its second round of layoffs within six months, cutting 10% of its global workforce. Filed publicly…

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Blue Shield of California to lay off 61 employees statewide
Layoffs
Blue Shield of California Cuts 61 More Jobs Months After Eliminating 140 Positions Across the State
Founder News Team May 9, 2026 0

Blue Shield of California, a nonprofit health plan provider, will lay off 61 employees statewide on Dec. 11 and Dec.…

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Calif. winery behind Trader Joe's 'Two Buck Chuck' to lay off 81
Layoffs
Calif. winery behind Trader Joe’s ‘Two Buck Chuck’ to lay off 81
Founder News Team May 8, 2026 0

The wine company behind Trader Joe’s famously cheap Charles Shaw wine, also known as “Two Buck Chuck,” is laying off…

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Health tech firms lay off scores of Bay Area workers, shut facilities
Layoffs
Health tech firms lay off scores of Bay Area workers, shut facilities
Founder News Team May 7, 2026 0

March and April brought the brutal news of layoffs to hundreds of workers at biotech and health tech companies in…

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Formerly SF-headquartered Coinbase to lay off 700 workers in AI shift
Layoffs
Formerly SF-headquartered Coinbase to lay off 700 workers in AI shift
Founder News Team May 7, 2026 0

A San Francisco-founded cryptocurrency company, Coinbase, is set to slash 14% of its workforce as it shifts efforts toward artificial…

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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
A toy rocket readying for launch atop messy stacks of coins and paperwork displaying financial data.
SpaceX’s Historic $2.1 Trillion IPO Hides a 12-Word Warning That Could Cost Retail Investors Everything
Jun 15, 2026
The largest weapons exhibition, Eurosatory-2026, has launched in Paris: watch exclusive footage
Ukraine Brings Battle-Hardened Drones to Paris as Europe’s Biggest Arms Show Opens Under $880 Billion Rearmament Push
Jun 15, 2026
Airbus, Safran Join Technip Energies and Tereos to Develop SAF Hub in Dunkirk
Four Industry Giants Unite to Build France’s Landmark Sustainable Aviation Fuel Plant That Could Reshape European Aviation
Jun 15, 2026
ideaForge revenue FY26: 594% revenue jump, a million missions: ideaForge's Ankit Mehta on powering India's drone story - The Economic Times Video
India’s Combat Drone Leader Logs 2 Million Military Missions and 594% Revenue Surge Before Taking Its War-Tested Tech Global
Jun 15, 2026
Ex-Nvidia Employees Share Why They Embarked on New AI Startup Ventures
Nvidia’s Stock Made Them Millionaires So They Walked Away to Build the Next AI Giants
Jun 15, 2026
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