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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.
Coinbase Global Inc (NASDAQ:COIN) is set to lay off 1,100 employees or 18% of its staff, according to a filing with the U.S. SEC.
Coinbase Global Inc (NASDAQ:COIN) is set to lay off 1,100 employees or 18% of its staff, according to a filing with the U.S. SEC.