Cloud storage giant Dropbox today joined the fray of tech companies announcing layoffs. The company today announced that it would be laying off 16% of its staff, equivalent to about 500 employees, due to slowing growth, and — in the words of CEO Drew Houston — because “the AI era of computing has finally arrived.” […]
Dropbox lays off 500 employees, 16% of staff, CEO says due to slowing growth and ‘the era of AI’ by Ingrid Lunden originally published on TechCrunch...