Modern Hydrogen, a clean energy startup backed by investors including Bill Gates, has laid off the majority of its employees following a decade-long effort to develop fuel cell technology. The layoffs, announced in early December 2025, mark a significant setback for the company, which had been working to commercialize its innovative approach to hydrogen production. While the exact number of affected employees and the total workforce size were not disclosed, the scale of the cuts indicates a major restructuring or winding down of operations. The move reflects the ongoing challenges in the competitive and capital-intensive clean energy industry, where even well-funded startups face hurdles in achieving commercial viability and scaling their technologies.
