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  • Once a $700 Million ‘Uber of Weed,’ Eaze Collapses and Lays Off 500
Bay Area startup shuts down, lays off 500 workers
Layoffs
Once a $700 Million ‘Uber of Weed,’ Eaze Collapses and Lays Off 500
Founder News Team Aug 6, 2026 0

A California weed delivery pioneer once valued at $700 million shut down completely this week and terminated its entire workforce…

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Meta cuts 10% of workers — 8,000 jobs — as AI grows
Layoffs
Meta Slashes 8,000 Jobs While Shifting 7,000 Staff to Build AI
Founder News Team Aug 6, 2026 0

Meta is cutting 8,000 employees and reallocating another 7,000 into artificial intelligence roles in a brutal efficiency play that reshapes…

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Chevron to relocate 180 Bay Area workers to Houston
Layoffs
Chevron Begins Exodus From California as 180 Workers Face Houston Relocation Ahead of Full HQ Departure
Founder News Team Jul 15, 2026 0

Chevron is relocating approximately 180 employees from its San Ramon office to Houston, with moves expected to begin by September…

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Retail giant eBay lays off 281 Bay Area workers, cuts many engineers
Layoffs
eBay Slashes 1,000 Jobs as CEO Admits Workforce Grew Faster Than the Business
Founder News Team Jul 13, 2026 0

eBay announced Tuesday it is cutting approximately 1,000 employees — 9% of its full-time workforce — with 281 Bay Area…

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Jack Dorsey’s Block to lay off 40% of workers, citing AI efficiency
Layoffs
Block Slashes 40% of Its Workforce and Investors Reward It With a 24% Stock Surge
Founder News Team Jul 2, 2026 0

Jack Dorsey announced Block is cutting 40% of its 10,000-person workforce, citing artificial intelligence tools that are fundamentally changing how…

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Ibex Global closing S.A. call center, affecting 227 workers
Layoffs
Ibex Global Promised San Antonio 1,000 Jobs in 2014. Now It’s Closing Its Call Center and Sending Operations Offshore.
Founder News Team Jun 26, 2026 0

Ibex Global Solutions Inc. is shutting down its San Antonio call center at 12449 Silicon Drive in June, displacing 227…

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Asensus Surgical | Morrisville robotic surgery company to lay off 108 workers
Layoffs
Asensus Surgical Cuts 108 Jobs in Morrisville While Keeping Facility Open
Founder News Team Jun 20, 2026 0

Asensus Surgical, a robotic surgery systems company based in Morrisville, North Carolina, is laying off 108 workers at its 1001…

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CAE laying off roughly 280 workers -- mostly in Montreal
Layoffs
CAE Cuts 280 Jobs and Eyes European Asset Sales as Pilot Demand Slows
Founder News Team Jun 19, 2026 0

Flight simulator manufacturer CAE Inc. is cutting approximately 280 jobs — about two per cent of its global workforce —…

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Hundreds of San Antonio Marriott workers to be laid off
Layoffs
Half of JW Marriott San Antonio’s Staff Learns Their Jobs Are Gone Permanently as Hotel Occupancy Craters to 30 Percent
Founder News Team Jun 18, 2026 0

The JW Marriott San Antonio Hill Country Resort & Spa is laying off 462 workers — roughly half its staff…

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Nexteer Automotive lays off 80 workers at Michigan locations
Layoffs
Nexteer Automotive Cuts 80 Jobs as Auto Industry Demand Shifts Threaten Saginaw County’s Second-Largest Employer
Founder News Team Jun 12, 2026 0

Nexteer Automotive laid off 80 workers across its Buena Vista Township plant and Auburn Hills global headquarters, the company confirmed…

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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
EU's New AI Labeling Regime Takes Effect: What Businesses Face From August 2026
€15 Million Fines Loom as EU AI Transparency Rules Kick In August 2
Aug 8, 2026
Weekly Startup Funding News - TechStory
AI Startup Simile Hits $2 Billion Valuation Just Five Months After Its Previous Round
Aug 7, 2026
Europe facing winter gas squeeze due to Iran conflict – The Irish Times
Europe’s Gas Reserves Plummet to 54% as Iran Blockades Vital Strait
Aug 7, 2026
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$4.4 Billion Quarter and Raised Guidance Propel IQVIA’s Stock Surge
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Spain’s Ceuta Migrant Crisis: At Least 72 Dead as Tens of Thousands Cross from Morocco
72 Dead as Rumors of Open Borders Drive Mass Crossing Into Spain’s Ceuta
Aug 7, 2026
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