Europe’s tech sector saw over €2.7 billion flow into 60 funding deals last week, led by Munich defence AI firm…
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Airtable slashes 237 jobs despite $11 billion valuation and cash reserves
Airtable is laying off 237 employees, its second major workforce reduction in under a year, as the San Francisco software…
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Robotaxi firm Cruise cuts 535 California jobs after pedestrian-dragging crash fallout
Cruise is cutting 900 jobs, nearly a quarter of its workforce, including 535 positions across California. The San Francisco robotaxi…
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Europe Fights for AI Sovereignty as American Models Vanish Overnight
Europe’s tech sector grappled with AI sovereignty at Copenhagen’s TechBBQ after Anthropic restricted US users’ access to its Mythos and…
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Salesforce’s new AI agents could trigger widespread customer service layoffs
Salesforce debuted Agentforce at its Dreamforce conference in San Francisco, unveiling autonomous AI bots for sales, service, and marketing. The…
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Tech Layoffs Hit 33,281 in October, Worst Month Since 2003
Tech layoffs surged to 33,281 in October, a nearly sixfold jump from September’s 5,639, according to Challenger, Gray & Christmas.…
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Upwork posts $28M profit while axing 21% of workforce
Upwork announced a 21% workforce reduction, about 160 jobs, despite a $28 million quarterly profit on $194 million in revenue.…
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Fragmented Tools Strangle Growth as Consolidation Rescues Customer Data
Fragmented software tools undermine growth, but consolidation around a central CRM resolves the problem. According to the article, duplicate applications…
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AI startup Callosum lands £73.5m seed round amid 72% UK funding plunge
London’s AI infrastructure startup Callosum dominated UK tech funding between 17 and 21 August, securing a £73.5m seed round. Total…
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Slack Slashes 10% of Staff After Salesforce’s $27 Billion Takeover
Slack is cutting roughly 10% of its workforce one day after parent company Salesforce announced sweeping layoffs. Business Insider first…
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