People

Nothing Cuts Over 100 Jobs as London Smartphone Maker Restructures Operations

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Nothing, the London‑based consumer electronics startup founded by Carl Pei in 2020, is restructuring its global team and cutting over 100 jobs to improve efficiency after a period of rapid expansion. The cuts affect marketing staff in the UK and other regions, while the company reorganises into regional hubs and introduces an AI‑native business unit. Nothing has raised more than $450 million from investors such as Tiger Global, GV and EQT and reached a $1.3 billion valuation.

Polish Startup Heliax Tackles Chronic Pelvic Pain Diagnosis With New Digital Solution

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The article describes how Emilia Lewicka, after more than ten years of searching for a diagnosis for chronic pelvic pain, co‑founded the Polish startup Heliax in Wrocław. The company aims to reduce the costly and lengthy diagnostic process—often exceeding 50,000 PLN—by offering the Vitabloom solution, thereby shortening patients’ years of uncertainty.

Romanian Job Board eJobs Reports Record 6.7 Million Applications Despite Posting Decline

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eJobs, Romania’s leading online job board, announced that more than 110,000 new jobs were posted in the first six months of 2026, a 15% decline from the previous year, while candidate activity surged to 6.7 million applications – the highest level since the pandemic peak of 2021. The surge was driven by increased job‑search activity among candidates aged 45+ and teenagers aged 16‑18. Retail attracted the most applications (2.2 million), and employers continued to focus on entry‑level positions.

Dutch Online Supermarket Picnic Reaches Profitability Milestone in Home Market Despite €272 Million Net Loss

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The Dutch online supermarket Picnic achieved a positive EBITDA of €4 million and positive operating cash flow in the Netherlands for the first time, while its overall 2025 results showed a net loss of €272 million due to continued investment in growth, including new distribution centres in Germany. Revenue grew 24% to €1.9 billion and the company now serves 3.6 million customers across the Netherlands, Germany and France.

Danish Microalgae Startup Algiecel Strengthens Leadership with Female Executives Ahead of Production Scale-Up

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Copenhagen‑based microalgae startup Algiecel bolstered its leadership with two senior female appointments—CFO Mette Ingeman Pedersen and Board Chair Tove Feld—while gearing up to expand its sustainable marine bioactives ingredient production for nutrition, pet food and personal care markets.