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  • Tech Layoffs Hit 141,159 in 2025 as October Cuts Reach 22-Year High
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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Bay Area-based Electronic Arts to lay off hundreds of workers
Layoffs
EA Cuts 600 Jobs Despite $1 Billion Profit
Founder News Team Aug 25, 2026 0

Electronic Arts is cutting roughly 5% of its workforce, impacting at least 600 employees, CEO Andrew Wilson announced Wednesday. The…

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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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Tesla ends Sweden’s longest strike by buying out remaining workers
Europe News
Tesla pays off 80 striking workers, ending Sweden’s longest labor battle
Founder News Team Aug 21, 2026 0

Tesla ended Sweden’s longest labor dispute by paying severance to roughly 80 striking IF Metall members rather than signing a…

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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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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
Šehović: Odžić and the European Union don't mind Mladić when it comes to the chair
PES MP Accuses Budva Leader of Tolerating Mladić Glorification for Power
Sep 10, 2026
Mergers and acquisitions in top EY's list of 2024 trends in energy
Four Oil Giants Now Control 58% of Permian Basin Output
Sep 10, 2026
Mind With Heart Robotics Launches AnAn Panda Robot in Europe
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Sep 10, 2026
August European tech funding falls 63% as dealmaking slows
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OlloBot Debuts Companion Robot 'OlloNi SS' in Europe
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