:( Thought we didn't have to do it, capitalist are greedy after all. edit: 16%, 500
Swe only?
Company-wide
Sorry to hear! Was rooting for Dropbox so much greed everywhere it seems
Sorry to read this, OP. Feel free to DM for TikTok / Bytedance referral. For anyone impacted or reading this, you can DM too.
How is Dropbox even making money? Who their target customers are
always some genius has to say this in every dropbox post, just read the damn earning statement if you really want to know.
Nobody lists customers in earning statement. Probably some teens using it.
To be fair, Dropbox sucks as a product
Lol. And op is flexing when you tell that.
54% net margin and doing layoffs, what greedy pigs
Ew. The spin, that they have to change to focus on AI and their people aren't capable of doing it, might be true. But how stupid are all these executives who keep hiring hundreds or thousands of employees they don't need as soon as we don't have a perfectly rosy economic climate?
Sadly a stock boosting effort!!
Didn't do anything to the stock ;/
As expected. Nobody’s giving a flying tuss about Dropbox.
Is the AI spin real? Does Dropbox even have enough resources to invest in AI?
cutting 500 ppl will save 200 million a year. enough for hiring 300 AI folks
Sorry to hear about the layoffs.
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Sorry to hear that my friend. Welcome to the club 😢