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  • Chegg slashes 441 jobs as ChatGPT decimates its homework empire
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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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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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.
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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
Analog Devices, Inc. (ADI) Completes Alif Semiconductor Acquisition — TradingView News
Analog Devices Buys Alif Semiconductor in Push to Expand Market Reach
Nov 6, 2026
Poland warns allies: Don't negotiate with Russia over Eastern Europe's head
Poland Demands Eastern Europe Get a Seat in Ukraine Peace Talks
Nov 6, 2026
Germany's VÆRIDION raises €124 million to bring electric regional flights closer to reality
€124.5 million fuels nine-seat electric plane targeting first-class train fares
Nov 6, 2026
Oracle–Tencent Deal Canceled Under U.S. Pressure, Deepening Uncertainty Over Southeast Asian Data Center Investment
US Pressure Kills $7 Billion Oracle Deal, Strands Southeast Asian Data Centers
Nov 6, 2026
What Could Synopsys (SNPS) Unlock In Europe With Wider Chip Tool Access?
$88B Synopsys Opens Chip Design Tools to European Startups and SMEs
Nov 6, 2026
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