Bank of America Securities analyst Michael Funk reiterated a Sell rating on Dropbox (DBX – Research Report) yesterday and set a price ...

In a report released today, Brian White from Monness maintained a Hold rating on Dropbox (DBX – Research Report). The company’s ...

On Tuesday, Dropbox Inc (DBX) stock saw a modest uptick, ending the day at $25.82 which represents a slight increase of $0.67 or 2.66% from the prior close of $25.15. The stock opened at $25.1 and ...

Good morning. Happy Halloween to those who celebrate. If you experience the world through a soundtrack like I do, I highly ...

Dropbox's CEO cited external factors and "excess layers of management slowing us down" when announcing the layoffs.

Dropbox will lay off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff. Dropbox will be making cuts to the parts of its business where ...

Bloomberg / Getty Words don’t seem to mean anything these days. Dropbox CEO Drew Houston this week told employees he takes “full accountability” as he announced a round of layoffs affecting ...

Dropbox is the latest major company to slash its staff and flatten its organizational structure. In an email sent to employees on Wednesday, its CEO and cofounder, Drew Houston, announced that the ...

Dropbox is laying off 20% of its workforce as the cloud company undergoes what CEO Drew Houston calls a “transitional period.” In a letter to staff, Houston said that the reduction in ...

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.

Houston, in his Wednesday email to staff, wrote that the company is “in a transitional period.” Dropbox is profitable, but its growth has slowed in recent quarters, and the company’s stock ...