Dropbox is laying off 528 employees, or 20% of its workforce, in what CEO Drew Houston says is a “transitional period”; filing: the layoffs cost $63M to $68M
Dropbox is letting go 20% of its workforce as the cloud company undergoes what CEO Drew Houston calls a “transitional period.”
Dropbox ends its unlimited option, capping its “all the space you need” storage plan to 5TB, after some abused the tier by pooling storage, reselling, and more
Brody Ford / Bloomberg :
Dropbox ends its unlimited option, capping its “all the space you need” storage plan to 5TB, after some abused the tier by pooling storage, reselling, and more
Brody Ford / Bloomberg :
Dropbox debuts two AI tools: one for summarizing documents, and Dash, an ambitious universal search engine that aims to be the “Google for your personal stuff”
Dropbox is launching two different but related AI-powered services into its platform.
Dropbox plans to lay off 16% of its staff, or ~500 employees; CEO Drew Houston blames slowing growth and because “the AI era of computing has finally arrived”
Today, our cofounder and CEO Drew Houston shared the difficult news … Emma Roth / The Verge : Dropbox is laying off 500 people and pivoting to AI Rob Thubron / TechSpot : Dropbox b...
Dropbox says Dropbox Passwords, a management tool introduced in 2020 for businesses, will be free for Basic accounts starting in April, with a 50 password limit
Dropbox says it will be a “virtual first” company and will set up “Dropbox Studios” in SF, Seattle, Austin, and Dublin for employees to meet in-person
- San Francisco-based Dropbox announced Tuesday that will stop asking employees to come into its offices and instead make remote work the standard practice.
Dropbox reports first quarterly profit since IPO, with Q1 net income of $39.3M and sales up 18% YoY to $455M; paying customers rose to 14.6M from 13.2M in 2019
Dina Bass / Bloomberg :
Dropbox beat estimates in Q1 with first-ever net income of $39.3M on sales of $455M, up 18% YoY; number of paying customers rose to 14.6M from 13.2M a year ago
Dropbox Inc. reported its first-ever net income, in a quarter when demand for cloud software was bolstered by a shift to working from home.
Dropbox rolls out Transfer, its file transfer tool that debuted in beta in July, to all users; Transfer lets paid users share 100GB files and free users 100MB
Paul Sawers / VentureBeat :
Dropbox starts rolling out Dropbox Spaces, shared team workspaces that connect things like files, tasks, and meetings, and other new features in its desktop app
Dropbox held its Work in Progress user conference on Wednesday where the company announced a host of new product experiences and features.