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  • EA Cuts 600 Jobs Despite $1 Billion Profit
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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Bay Area's oldest biotech company lays off more than 140 workers
Layoffs
Genentech parent company boasts $16 billion profit as 143 Bay Area jobs vanish
Founder News Team Aug 9, 2026 0

Swiss pharmaceutical giant Roche is sitting on $16 billion in earnings while quietly erasing 143 positions from its Genentech campus…

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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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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
Solopreneur’s LinkedIn Experiment Lands Top Google AI Recommendation in Three Weeks
Sep 22, 2026
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
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Sep 22, 2026
SF-based tech boom darling Embark lays off 230, winds down
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