Technology
Dropbox is laying off 20% of its staff
Dropbox is letting go 20% of its workforce as the cloud company undergoes what CEO Drew Houston calls a “transitional period.”
In a letter to staff, Houston said that the reduction in headcount would impact 528 people.
“As CEO, I take full responsibility for this decision and the circumstances that led to it, and I’m truly sorry to those impacted by this change,” he wrote.