Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Business
Vinay Patel

Microsoft-Backed Builder AI Leaves 200 UK Workers Without Redundancy Pay Since April

Microsoft-backed Builder AI, a former £1 billion tech unicorn, collapsed in May, leaving around 200 UK staff without redundancy pay. (Credit: X / Harsh Dwivedi | Building Medial @harsh_dwivedi7)

Hundreds of former employees of Microsoft-backed Builder AI in the UK have been left in limbo, as they are still waiting for redundancy payments months after their contracts were terminated.

A British AI company, once valued at £1 billion, has reportedly left hundreds of its former employees without redundancy payments following its collapse.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.