Dropbox lays off 20% of staff, says it overinvested and underperformed

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Submitted ⁨⁨3⁩ ⁨weeks⁩ ago⁩ by ⁨BrikoX@lemmy.zip⁩ to ⁨technology@lemmy.zip⁩

https://arstechnica.com/information-technology/2024/10/dropbox-lays-off-528-employees-slashing-total-workforce-by-20-percent/

Dropbox also laid off 500 last year but still had “excess layers of management.”…

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