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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Kenya’s Private Sector Cuts Jobs for First Time in 15 Months as Costs Surge to 2.5-Year High
Kenyan businesses cut jobs in May for the first time in 15 months as weakening demand and surging costs squeezed…
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7 months after last layoffs, Bay Area biotech giant does another round
Last Thursday, Gilead Sciences, best known for its COVID-19 and HIV treatments, filed a Worker Adjustment and Retraining Notification with…
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Blfinish, one-time SF tech unicorn, has done 5 layoff rounds in 16 months
Blfinish Labs, a financial technology company based in San Francisco, is laying off a sizable chunk of its employees for…
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Peter Sarlin’s AI startup Qutwo hits €325M valuation months after launch
A Finnish AI startup, co-founded by an executive whose previous startup was sold to US semiconductor giant AMD, has raised…
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Bay Area biotech firm Genentech cuts 93 just months after last layoff
Genentech, a drugcreater based in South San Francisco, is laying off 93 more local workers just months after a 436-worker…
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What Anthropic’s Mythos can hack in hours, Indian banks take months to resolve
For a long time, cybersecurity experts warned of a coming calamity. But the sound of sirens was drowned out by…
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DeepMind alumni start dozens of European startups in last 18 months, new data reveals
Google DeepMind alumni have founded dozens of European startups or plan to launch startups in the past 18 months, new…
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Anthropic valuation growth: From $61 billion to $900 billion in just 14 months – the insane story in tech: Anthropic could dethrone OpenAI as the most valuable startup
Anthropic is planning a new funding round at a value of more than $900 billion. The talks are still early…
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EU close to approving release of $106B loan to Ukraine after months of deadlock
BRUSSELS — European Union envoys gathered on Wednesday with most cautiously optimistic that a massive loan to assist meet Ukraine’s…
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