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  • Genentech axes 265 jobs as storied 40-year cancer drug plant closes
Genentech closing South SF facility, laying off workers
Layoffs
Genentech axes 265 jobs as storied 40-year cancer drug plant closes
Founder News Team Sep 21, 2026 0

Genentech is closing its South San Francisco drug manufacturing plant, cutting about 265 jobs. The facility has operated since 1983,…

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Southwest Airlines laying off 1,750 corporate workers in Dallas
Layoffs
Southwest slashes 1,750 corporate jobs in first-ever layoff after 53 years
Founder News Team Sep 19, 2026 0

Southwest Airlines will lay off 1,750 corporate employees, its first workforce reduction in 53 years. The cuts affect roughly 15%…

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These companies have laid off Canadian workers in 2024
Layoffs
BCE Slashes 4,800 Jobs as Canadian Layoffs Sweep Tech, Retail, Telecom
Founder News Team Sep 17, 2026 0

BCE Inc. announced 4,800 job cuts on February 8, the largest among a wave of Canadian layoffs hitting telecom, tech,…

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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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Apple is cutting hundreds of workers in the Bay Area
Layoffs
Apple Kills Electric Car Project, Axes 614 Silicon Valley Jobs
Founder News Team Sep 14, 2026 0

Apple laid off 614 employees across eight Silicon Valley locations, effective March 28, according to state filings. The largest cut…

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Hundreds of thousands of tech workers are in trouble, new report shows
Layoffs
Tech Layoffs Hit 141,159 in 2025 as October Cuts Reach 22-Year High
Founder News Team Sep 9, 2026 0

Tech layoffs reached 141,159 in 2025, with October alone seeing 33,281 cuts—the worst October since 2003, according to Challenger, Gray…

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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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Hundreds of thousands of tech workers are in trouble, new report shows
Layoffs
Tech Layoffs Hit 33,281 in October, Worst Month Since 2003
Founder News Team Sep 4, 2026 0

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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Volkswagen executives are visiting factories across Germany that face possible closure in the next few years. 100,000 jobs are also on the line. VW’s leadership says that it needs to cut costs to safeguard the company’s future, but unions and workers’ council says that can't happen at the expense of labor. Can layoffs really prevent VW’s crisis? #dwbusiness
Layoffs
Volkswagen weighs factory closures while 100,000 German jobs hang in balance
Founder News Team Sep 4, 2026 0

Volkswagen leadership is visiting German plants most at risk of closure as roughly 100,000 jobs face uncertainty. Executives argue deep…

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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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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
Allianz Balances Buyback Momentum and Tech Ambitions as Analysts Split on Valuation
Allianz Eyes €5.8 Billion UK Roadside Rescue Giant Amid Buyback Surge
Sep 22, 2026
E-Paper: AUO Display Plus Takes Sovereign Signage Mainstream
E-Paper’s Biggest Hurdle Isn’t Hardware—It’s Software Integration Lock-In
Sep 22, 2026
Will AI save or destroy us? At Pittsburgh summit, tech leaders shift between hope and despair
Tech leaders wrestle AI’s promise against its gravest threats in Pittsburgh
Sep 22, 2026
SF-based tech boom darling Embark lays off 230, winds down
$5.2 Billion Trucking Startup Fires 230 Workers, Hurtles Toward Shutdown
Sep 22, 2026
Gabriel Attal is running as France’s federalist presidential candidate
Gabriel Attal launches presidential bid urging birth of a United States of Europe
Sep 22, 2026
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