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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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Feds give Stelco owners 15 days to reverse layoffs
Layoffs
Ottawa threatens legal action unless Stelco reverses Canadian layoffs within 15 days
Founder News Team Oct 27, 2026 0

Industry Minister Melanie Joly warned Stelco’s American owners on Thursday to reinstate laid-off Canadian workers within 15 days or face…

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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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Netflix plans hundreds of layoffs at Bay Area headquarters
Layoffs
Netflix slashes 494 California jobs despite posting 87 percent profit surge
Founder News Team Oct 24, 2026 0

Netflix is laying off 494 employees across its Los Gatos headquarters and Los Angeles offices, part of a broader 1,000-person…

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Video Game Developer BioWare Shuts Down, Next 'Mass Effect' Canceled Amid Broader Layoffs at EA
Layoffs
EA Kills BioWare and Next Mass Effect in 400-Person Layoff Wave
Founder News Team Oct 23, 2026 0

Electronic Arts has shut down BioWare and canceled the next Mass Effect game amid 400 layoffs, including about 50 at…

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Ottawa gives Stelco 15 days to reverse Hamilton layoffs or face lawsuit 
Layoffs
Ottawa Threatens Forced Sale After 500 Hamilton Steel Layoffs Violate Agreement
Founder News Team Oct 23, 2026 0

Ottawa has given Cleveland-Cliffs 15 days to reverse roughly 500 layoffs at Stelco’s Hamilton steel plant or face legal action.…

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Layoffs at Symantec, Nestlé, Rad Urban show Bay Area companies’ challenges
Layoffs
Bay Area job cuts hit 1,300 workers across tech, food, manufacturing
Founder News Team Oct 20, 2026 0

Bay Area layoffs have impacted 1,300 workers across tech, food, leather manufacturing, and modular construction. Symantec is cutting 152 Mountain…

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Apple self-driving car layoffs hit 190 employees in Santa Clara, Sunnyvale
Layoffs
Apple Slashes 190 Autonomous Vehicle Jobs Amid Plunging iPhone Revenue
Founder News Team Oct 12, 2026 0

Apple is cutting 190 jobs from its Project Titan autonomous vehicle team across Santa Clara and Sunnyvale, effective April 16.…

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Google targeted some layoffs at 'disloyal' workers, lawsuit says
Layoffs
Google Lawsuit Alleges Executives Rewarded “Loyal” Staff During Layoffs
Founder News Team Oct 11, 2026 0

A former Google engineer has sued the company, alleging executives transformed an apprenticeship for disadvantaged students into a scheme favoring…

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Tech layoffs: Google, other California companies cut 1,700 workers
Layoffs
California Tech Giants Slash Another 1,700 Jobs Despite Revenue Gains
Founder News Team Oct 9, 2026 0

California’s tech sector shed nearly 1,700 more jobs as Google, Informatica, Viasat, and Splunk announced fresh layoffs. Google cut 75…

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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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