Dropbox lays off 16% of staff to refocus on AI, as sales growth slows
Dropbox is profitable but growth is slowing, just when it needs to ramp up AI expertise.
Source: reseller.co.nz
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Dropbox is profitable but growth is slowing, just when it needs to ramp up AI expertise.
Dropbox CEO Drew Houston announced the "difficult" decision in a post on the company's website yesterday.
Dropbox is laying off 500 employees, or about 16% of its workforce, the company said.
Dropbox is profitable but growth is slowing, just when it needs to ramp up AI expertise.
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