Dropbox CEO Drew Houston says the company plans to lay off 16% of its staff, or ~500 employees, citing slowing growth and “the AI era of computing” arriving (Ingrid Lunden/TechCrunch)

Dropbox CEO Drew Houston says the company plans to lay off 16% of its staff, or ~500 employees, citing slowing growth and “the AI era of computing” arriving (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Dropbox CEO Drew Houston says the company plans to lay off 16% of its staff, or ~500 employees, citing slowing growth and “the AI era of computing” arriving  —  Cloud storage giant Dropbox today joined the fray of tech companies announcing layoffs.