Latest News

Europol and tech firms take down Tycoon 2FA bypass service

In Pictures: Securing AI agents and NHIs - Saviynt Melbourne roundtable

Hollard Insurance pilots AI in claims division

Health and Aged Care CISO retires

Oracle plans thousands of job cuts

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

By Staff Writer

Apr 28 2023 6:39AM

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

Already have an account? Log in to read this article.

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

© 2019 Thomson Reuters. Click for Restrictions.

Tags:

dropbox strategy

Partner Content

Targeting Maximum Competitive Advantage for Businesses

Promoted Content Targeting Maximum Competitive Advantage for Businesses

Security for smart devices – time to step forward because there's nowhere to hide

Promoted Content Security for smart devices – time to step forward because there's nowhere to hide

Cyconsol Unlocks Growth Potential for Cyber Vendors in Australia

Promoted Content Cyconsol Unlocks Growth Potential for Cyber Vendors in Australia

AI Goals for 2026: What Every Organisation Should Prioritise

Promoted Content AI Goals for 2026: What Every Organisation Should Prioritise

Sponsored Whitepapers

5 reasons to adopt a mobile first security strategy

5 reasons to adopt a mobile first security strategy

Uncomplicate IT Service Delivery with AI Agents

Uncomplicate IT Service Delivery with AI Agents

Getting ahead of the tech: what’s next for Australian organisations in digital transformation

Getting ahead of the tech: what’s next for Australian organisations in digital transformation

Fintech compliance made fast and secure

Fintech compliance made fast and secure

How to evaluate SIEM solutions Safeguarding your future Get a demo Download guide

How to evaluate SIEM solutions Safeguarding your future Get a demo Download guide

Events

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

DTA cuts government's biggest tech buyers out of vendor talks

DTA cuts government's biggest tech buyers out of vendor talks

Walmart taps ex-Google, Amazon employee as new chief technology officer

Walmart taps ex-Google, Amazon employee as new chief technology officer

Sydney-based AI-cloud waste startup raises $3m

Sydney-based AI-cloud waste startup raises $3m

Brennan uses NiCE to modernise its contact centre

Brennan uses NiCE to modernise its contact centre

Impact Awards: Tecala slashes customer response times for fintech IQumulate

Impact Awards: Tecala slashes customer response times for fintech IQumulate

Interactive introduces private cloud platform

Interactive introduces private cloud platform

Digital61 expands cybersecurity portfolio

Digital61 expands cybersecurity portfolio

Most popular tech stories