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April 28, 2023
Dropbox CEO Blames AI for Massive Layoffs as 500 Employees Get the Boot, Technology & Science News, Times Now
April 28, 2023
Cloud storage giant Dropbox announced on Thursday that it is laying off 16 per cent of its workforce, or about 500 employees, due to slowing growth.
April 28, 2023
The company laid off 315 people, or about 11% of the global workforce, in its previous round in early 2021.
April 27, 2023
Cloud storage provider Dropbox Inc said on Thursday it would reduce its global workforce by 16% to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings.