Dropbox: Rich FCF That Can't Be Sustained As Users Leave

Dropbox is rated Sell as it faces structural headwinds, with Q4 results revealing user contraction and declining ARPU. Read ...
SiliconANGLE

Dropbox to let go 20% of its workforce amid growth push

Dropbox Inc. is letting go 528 employees, or 20% of its workforce, in a bid to advance its revenue growth initiatives. Chief Executive Officer Drew Houston disclosed the move in a blog post published ...
Tech.co

Dropbox Lets Go of 500 Workers and Attempts to ‘Seize’ AI Market

Dropbox employees have become the latest casualty in big tech, with the online storage company announcing that it will be making 500 job cuts. 16% of its global workforce stands to be affected. In a ...
TechCrunch

Dropbox is laying off 20% of its staff

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 headcount would ...