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  • Amazon Slashes Jobs Inside the Unit Building Superhuman AI
Amazon layoffs hit unit developing AI that could surpass humans
Layoffs
Amazon Slashes Jobs Inside the Unit Building Superhuman AI
Founder News Team Aug 2, 2026 0

Amazon is quietly cutting roles in the very division responsible for creating a superhuman AI voice for Alexa. The restructuring…

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Court sets tougher test for layoffs, tightens redundancy rules
Layoffs
Kenya’s Court Forces Nokia to Pay Sh9.8 Million After Ruling Job Cuts Must Be Genuine Not Just Procedural
Founder News Team Jul 14, 2026 0

Kenya's Employment and Labour Relations Court has raised the bar for workplace redundancies, ruling that employers must prove job cuts…

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Xbox CEO Asha Sharma points the finger at Xbox's previous strategy for yesterday's sweeping layoffs: 'We simply spread ourselves too thin'
Layoffs
Xbox CEO Admits Phil Spencer’s Strategy Caused 3,200 Layoffs and Warns Harder Cuts May Still Be Coming
Founder News Team Jul 14, 2026 0

Xbox CEO Asha Sharma blamed the company's previous strategy for the sweeping layoffs announced on July 6, 2026, which cut…

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Microsoft to cut under 2.5% of workforce in latest layoffs, Business Insider reports
Layoffs
Microsoft Prepares to Cut Thousands More Jobs Across Sales, Consulting and Xbox as AI Spending Reshapes the Company
Founder News Team Jul 1, 2026 0

Microsoft is planning to cut under 2.5% of its approximately 228,000 full-time employees in a new round of layoffs expected…

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Layoffs NC | SAS Institute cuts 300 jobs company wide; analytics software provider headquartered in Cary, is a global
Layoffs
SAS Institute Cuts 300 Jobs Worldwide as It Shifts Resources Toward AI and Cloud Growth
Founder News Team Jun 30, 2026 0

SAS Institute, the prominent analytics software company headquartered in Cary, North Carolina, has confirmed it is eliminating 300 positions companywide.…

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LCID Stock Layoffs: What to Know About the Latest Lucid Job Cuts
Layoffs
Lucid Group Axes 18% of Workforce and Kills Second Production Shift as Stock Craters 55%
Founder News Team Jun 26, 2026 0

Lucid Group (LCID) announced a major restructuring, cutting approximately 18% of its U.S. workforce and eliminating the second production shift…

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EV maker Lucid is reducing its U.S. workforce by 18%
Layoffs
Lucid Slashes 30% of Its Workforce in Four Months, Kills COO Role and Suspends Production Guidance as Losses Hit $2.7 Billion
Founder News Team Jun 23, 2026 0

Lucid Group announced its second major round of layoffs in 2026, cutting approximately 1,500 positions — 18% of its US…

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Rumour: Gaming Industry 'Bloodbath' Imminent, as Sony, Microsoft, and More Brace for Mass Layoffs
Layoffs
Gaming Industry Faces Catastrophic Summer as Insider Warns Studio Closures Are Just Beginning
Founder News Team Jun 21, 2026 0

French gaming journalist Sylvain Trinel is warning of a massive wave of studio closures and layoffs sweeping the games industry…

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U.S. filings for unemployment benefits fall to 226,000 last week as layoffs remain historically low
Layoffs
Layoffs Stay Near Historic Lows as U.S. Job Market Holds Steady Against Economic Headwinds
Founder News Team Jun 20, 2026 0

U.S. unemployment benefit filings dropped by 4,000 to 226,000 in the week ending June 13, the Labor Department reported Thursday.…

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Worldcoin Project Co-founders Alex Blania (L) and Sam Altman (R)
Layoffs
OpenAI’s IPO Bid Overshadows Sam Altman’s Struggling Iris-Scanning Venture Facing Bans and Privacy Fines
Founder News Team Jun 19, 2026 0

As OpenAI confidentially filed for an IPO on Monday, CEO Sam Altman's separate biometric venture, Tools for Humanity, is reportedly…

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Recent Posts
  • Italy’s €20 Billion AI Gigafactory Bid Blindsided by a Decade-Long Grid Queue
  • Xbox Sheds 1,600 Jobs Immediately as Microsoft Confronts a 33 Percent Hardware Sales Plunge
  • European Energy Titan Loaned Exascale Compute to AI Startups, Sidestepping US Cloud Giants
  • $3.2 Million Backs AI Workers That Capture Freight Decisions, Not Just Automate Tasks
  • 13 States Now Battle $6.2 Billion Nexstar-Tegna Merger After Federal Approval
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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
admin
Italy’s €20 Billion AI Gigafactory Bid Blindsided by a Decade-Long Grid Queue
Aug 3, 2026
Microsoft cuts another 4,800 jobs, including many in Xbox division
Xbox Sheds 1,600 Jobs Immediately as Microsoft Confronts a 33 Percent Hardware Sales Plunge
Aug 3, 2026
Eni Opens World's Most Powerful Industrial Supercomputer to AI Startups in Europe
European Energy Titan Loaned Exascale Compute to AI Startups, Sidestepping US Cloud Giants
Aug 3, 2026
Tech start up 5U AI raises US$3.2 million
$3.2 Million Backs AI Workers That Capture Freight Decisions, Not Just Automate Tasks
Aug 3, 2026
More states join legal challenge to Nexstar, Tegna merger
13 States Now Battle $6.2 Billion Nexstar-Tegna Merger After Federal Approval
Aug 3, 2026
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