Drew Houston, Dropbox's CEO, wrote in a memo to staff that the company is in a transitional period, adding that its main file syncing and sharing business "has matured, and we've been working to ...

The same is likely true of other cloud storage drives, including OneDrive, iCloud Drive and Dropbox. As a collaboration tool for Docs, Suggesting Mode enables users to propose edits without altering ...

CEO Drew Houston will remain in his job. Gizmodo’s Best of 2024 Awards ➜ We may earn a commission when you buy through links ...

Dropbox launched "Dash for Business," an AI tool to enhance productivity and content management. Dropbox CEO Drew Houston ...

SAN FRANCISCO - San Francisco -based Dropbox announced on Wednesday that it is slashing 20% of its workforce. Former ...

At the time, Dropbox stated that it was shifting resources to the development of artificial intelligence features. In today’s blog post, Houston detailed that there are three main factors behind ...

This week’s layoffs come after a difficult year for Dropbox, which reported its lowest growth yet in the second quarter. The company has lost around 20% of its market share since the same time ...

The move follows a 16% cut to Dropbox’s workforce in April 2023, which affected 500 staffers. At the time, Houston wrote that the cuts were due to slowing growth, economic headwinds and the ...

Dropbox is profitable, but its growth has slowed in recent quarters, and the company’s stock is down more than 21% from its February high. “We continue to see softening demand and macro ...

He said the changes would strengthen Dropbox's core product and accelerate the growth of new ones. Dropbox is the latest major company to slash its staff and flatten its organizational structure.

Dropbox is laying off 20% of its workforce ... several town hall meetings to discuss the matter and the company’s future plans, including how its investment in artificial intelligence relates ...

This latest round of cuts, following 500 layoffs last year, reflects Dropbox’s shift toward AI technology investment, lower-than-expected growth, a data breach back in April and increasing ...