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  • Visa cuts 192 Bay Area workers after banking record $19.7 billion profit
Visa lays off hundreds in Bay Area after record $19.7B profit
Layoffs
Visa cuts 192 Bay Area workers after banking record $19.7 billion profit
Founder News Team Sep 20, 2026 0

Visa is eliminating 192 positions in San Mateo and 10 in San Francisco following a prior round of 91 Bay…

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'Shocking': Calif. station lays off entire on-air staff with no notice
Layoffs
61-Year-Old California Rock Station Silences Every On-Air Host Overnight
Founder News Team Sep 15, 2026 0

KCAL-FM 96.7, a Redlands classic rock station, eliminated its entire on-air DJ roster on Aug. 1, shifting to an all-music…

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Mexican food giant Ruiz Foods lays off 176 Calif. workers
Layoffs
Frozen Mexican food titan Ruiz Foods slashes 176 California jobs amid demand shift
Founder News Team Sep 14, 2026 0

Ruiz Foods, maker of El Monterey and Tornados, is cutting 176 jobs at its Dinuba, California plant. A state WARN…

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California company once worth $2.3 billion lays off every worker
Layoffs
FDA warning kills pandemic testing giant once valued at $2.3 billion
Founder News Team Sep 13, 2026 0

Cue Health is shutting down permanently, with all remaining U.S. employees receiving final paychecks on May 24. The San Diego…

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Job search giant lays off dozens at Bay Area office
Layoffs
Indeed Eliminates 87 Foster City Jobs in Sweeping 1,000-Worker Restructuring
Founder News Team Sep 6, 2026 0

Indeed will lay off roughly 1,000 workers, including 87 at its Foster City office, according to a WARN notice filed…

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SF tech startup Airtable lays off hundreds for second time in year
Layoffs
Airtable slashes 237 jobs despite $11 billion valuation and cash reserves
Founder News Team Sep 6, 2026 0

Airtable is laying off 237 employees, its second major workforce reduction in under a year, as the San Francisco software…

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SF-based Instacart lays off 250 workers, announces $500M share buyback
Layoffs
Instacart cuts 250 jobs while announcing a $500 million stock buyback
Founder News Team Sep 5, 2026 0

Instacart is cutting 250 jobs, about 7% of its workforce, as it shifts focus toward advertising and strategic initiatives. The…

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Struggling Bay Area tech company lays off hundreds of workers
Layoffs
Chegg slashes 441 jobs as ChatGPT decimates its homework empire
Founder News Team Aug 26, 2026 0

Chegg is laying off 441 employees, nearly 25% of its workforce, as the education technology company struggles against free AI…

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Biotech giant Gilead lays off 104 from Bay Area HQ, including execs
Layoffs
Gilead slashes 104 Bay Area jobs, axing six vice presidents
Founder News Team Aug 24, 2026 0

Gilead Sciences is eliminating 104 positions at its Foster City headquarters, including five vice presidents and a senior vice president,…

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Discord CEO blames overhiring as SF tech startup lays off 170 workers
Layoffs
Discord slashes 17% of workforce after fivefold hiring surge since 2020
Founder News Team Aug 23, 2026 0

Discord is laying off 170 employees, 17% of its workforce, with 160 positions tied to its San Francisco office effective…

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  • Visa cuts 192 Bay Area workers after banking record $19.7 billion profit
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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
US military soldiers stand in formation after taking part in a NATO exercise, accessed on Sept. 18, 2026. (AFP Photo)
Up to 40,000 American troops could leave Europe under Pentagon review
Sep 20, 2026
What went right this week: the good news that matters
EU Bans Social Media for Children Under 13 Across Member States
Sep 20, 2026
Compass To Become World's Largest Real Estate Brokerage in $1.6 Billion Merger
$1.6 billion tie-up crowns Compass world’s biggest residential brokerage
Sep 20, 2026
Nokia, Microsoft target faster AI adoption in telecom networks
Nokia and Microsoft slash AI network deployment from weeks to real time
Sep 20, 2026
Visa lays off hundreds in Bay Area after record $19.7B profit
Visa cuts 192 Bay Area workers after banking record $19.7 billion profit
Sep 20, 2026
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