Dropbox to cut workforce, will hire new talent for AI-powered products

By
Follow google news

Global workforce to shrink by 16 percent.

Dropbox to cut workforce, will hire new talent for AI-powered products
Cloud storage provider Dropbox said on Thursday it would reduce its global workforce by 16 percent to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings. San Francisco-based Dropbox is the latest tech company to tap AI as Big Tech players from Microsoft ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Government data sharing law falls flat

Government data sharing law falls flat

Google revamps app store billing, fee structure

Google revamps app store billing, fee structure

Kmart Australia and NZ will put a robot called TORY into every store

Kmart Australia and NZ will put a robot called TORY into every store

Transport for NSW restructures tech division

Transport for NSW restructures tech division

Log In

  |  Forgot your password?