Angi

Layoffs · EMEA

Pleo laid off approximately 50 staff members last week across its Offering teams (product, tech, design, data roles), with majority being engineering and data roles including senior-level positions. This follows 100 layoffs in the previous year. Around 300 people worked in these teams before cuts. Staff impacted across Denmark, UK, and Germany.

Layoffs · EMEA

Kyndryl is conducting multi-country workforce rebalancing with a $200 million severance charge. In the UK alone, at least 100 employees expected to leave through voluntary redundancy with 4-month pay packages, with compulsory redundancies to follow if targets not met. Affects small percentage of 73,000-person workforce.

Strategic Hiring · EMEA

OpenText announced €105 million investment in Cork and Galway, Ireland to create 400 jobs. New Cork Centre of Excellence for EMEA will focus on agentic AI, sovereign cloud, and cyber resilience R&D.

Leadership Change · EMEA

Novo Nordisk disclosed a data breach affecting patient information from clinical trials, indicating potential security governance gaps that typically trigger C-suite accountability and reorganization

Product Launch · EMEA

Sennheiser brand announced MOMENTUM 5 Wireless, a new premium portable audio product featuring high-fidelity sound and spatial audio capabilities, representing a product refresh in the competitive premium audio market.

Restructuring · EMEA

Avanti Communications is divesting its Hylas-3 satellite payload to reduce geostationary exposure and close out its debt-fueled GEO expansion strategy