Tech
Dropbox: Dropbox fires 20% staff; 528 people impacted: report
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Dropbox, a cloud company offering cloud storage and client software facilities, announced the layoff of 20% of its workforce impacting a total of 528 people.
In a letter to staff, the cloud company’s CEO Drew Houston said that the company is going through a significant transition as it shifts from a mature Financial Shared Services (FSS) business to focus on future growth with new products like Dash.
“And while I’m proud of the progress we’ve made in the last couple of years in some parts of the business, we’re still not delivering at the level…
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