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  • Chegg slashes 441 jobs as ChatGPT decimates its homework empire
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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Unprofitable biotech co. Invitae lays off 238 San Francisco workers
Layoffs
Genetic testing firm Invitae slashes 238 San Francisco jobs amid $1.3 billion loss
Founder News Team Aug 22, 2026 0

Invitae is cutting 238 San Francisco jobs, a 15% staff reduction, as the genetic testing company confronts severe financial distress.…

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SF tech company Turo lays off about 150, blames 'economic uncertainty'
Layoffs
Car-sharing giant Turo slashes 15% of workforce after IPO retreat
Founder News Team Aug 17, 2026 0

Turo is cutting nearly one in six employees after abandoning its public debut plans, a sign that even major sharing…

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SF tech company worth $16B lays off staff after turning first profits
Layoffs
$16B Okta slashes 180 jobs despite posting its first-ever profits
Founder News Team Aug 13, 2026 0

Okta just recorded its first profitable year in company history, yet it is still cutting 180 employees from its workforce…

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Calif. tech giant Qualcomm lays off 1,250 workers, 194 in Bay Area
Layoffs
Smartphone Slump Forces Qualcomm to Ax 1,250 Workers Including Senior Executives
Founder News Team Aug 10, 2026 0

Qualcomm is shedding 1,250 jobs, and this time the cuts are climbing all the way into the executive ranks. The…

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Bay Area biotech firm once worth more than $3B lays off 30% of staff
Layoffs
Biotech Firm Once Valued at $3 Billion Slashes 30% of Workforce to Stay Afloat
Founder News Team Aug 10, 2026 0

A biotech unicorn is eliminating nearly a third of its staff just to keep the lights on. The layoffs signal…

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EU lays out $11.4 billion for 7 AI gigafactories as it aims to catch up with US and China
AI News
Europe Pours $11.4 Billion Into Seven AI Gigafactories to Slash U.S. Reliance
Founder News Team Aug 10, 2026 0

Europe is betting the farm on homegrown computing muscle with a massive push to build its own fleet of AI…

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Google lays off hundreds in Bay Area, shuts child care center
Layoffs
Google Slashes Hundreds of Jobs and Shuts Its Child Care Center
Founder News Team Aug 9, 2026 0

Google just laid off hundreds of employees and permanently closed its on-site child care facility for Bay Area workers. The…

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  • $3 Trillion Wiped Out as Midterm Sweep Triggers AI Stock Meltdown
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  • Email and customer stories outperform AI content, marketing leaders say
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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
ON CAM: Protesters Storm Microsoft Data Centre In Europe As U.S. AI Stocks Suffer Midterm Bloodbath
$3 Trillion Wiped Out as Midterm Sweep Triggers AI Stock Meltdown
Nov 6, 2026
Alan Scott Enterprises Q2 FY27: Losses Deepen Amid Operational Struggles
Operating margin plunges 14 points as Alan Scott losses hit ₹1.77 crore
Nov 6, 2026
Green Incentives Cannot Bridge Profitability Gap in European Kelp
European Kelp Farms Lose €19,800 Per Hectare Despite Green Subsidies
Nov 6, 2026
Technology Transfer: Three Leading French Research Institutes in Europe
CNRS Tops Europe in Patents as French Research Spinoffs Hit 633
Nov 6, 2026
What’s Working in Marketing as AI Fills the Feed
Email and customer stories outperform AI content, marketing leaders say
Nov 6, 2026
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