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

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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 ...

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