Dropbox is laying off 528 employees in a move that will reduce its global workforce by 20 percent, CEO Drew Houston announced today. Houston wrote that Dropbox's core file sync and sharing "business has matured, and we've been working to build our next phase of growth with products like Dash," an "AI-powered universal search" product targeted to business customers.
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Jon Brodkin, Ars Technica
Wed, 10/30/2024 - 1:03pm
BING NEWS:
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Kraken named Arjun Sethi, a longtime Silicon Valley executive, as co-chief executive, alongside Dave Ripley. Mr. Ripley became chief executive in 2023 after Jesse Powell, the company’s founder, ...
10/30/2024 - 11:31 am | View Link - Dropbox lays off 20% of staff, says it overinvested and underperformed
Dropbox is laying off 528 employees in a move that will reduce its global workforce by 20 percent, CEO Drew Houston announced today. Houston wrote that Dropbox's core file sync and sharing "business ...
10/30/2024 - 2:03 am | View Link - Deloitte and EY trim staff amid slowing demand following years of rapid growth for Big Four firms
The consulting sector is facing falling demand, and Big Four consultancies including EY and Deloitte are shedding staff in response.
10/24/2024 - 3:52 am | View Link - StoryCorps lays off nine employees
StoryCorps laid off nine employees Tuesday, CEO Sandra Clark told Current in an email.
10/23/2024 - 7:31 am | View Link - More
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