Dropbox is laying off 528 employees, about 20% of its workforce, and making the company flatter. CEO Drew Houston said the cuts were due to softening demand, macro headwinds, and excess management. He ...
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 ...
Hold rating maintained for Dropbox due to structural disadvantages and lack of fundamental improvements despite recent valuation increase. Dropbox Dash's AI-powered features offer growth potential, ...
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