In 2025, layoffs persist across technology, retail, and space exploration, driven by AI and automation. Companies like Meta, ...

Microsoft says the cuts will hit divisions across the company, but did not indicate which teams will be most affected.

In an interview with Bloomberg, Benioff (pictured) said AI agents are now performing as much as 30% to 50% of all the work at ...

While many companies that went all in on AI have since pulled back, Salesforce is going full steam ahead. In an interview ...

Microsoft is laying off thousands of employees next month, with most impacted being sales and customer service teams. According to Bloomberg, this move is ...

An ex-Microsoft engineer explains how and why he update his résumé every 6 to 9 months, and why you should to.

Dropbox shares rallied modestly after reporting Q1 earnings and slightly lifting the low end of its FY outlook. See why I’m reiterating sell rating on DBX stock.

Cloud storage company Dropbox is cutting about 20 percent of its workforce, while social media platform TikTok plans to let go of approximately 500 employees, primarily in content moderation roles ...

Dropbox is laying off 528 employees, representing 20% of its global workforce. CEO Drew Houston, informed the company about the layoffs in an email, attributing the cuts to a need for greater ...

Layoffs.fyi says that in 2024 so far, 484 tech companies laid off 142,532 employees, while in 2023 that number was 1,193 tech companies that laid off 264,220 workers.

Dropbox has struggled against rivals Google Drive and Box, and its most recent Q2 2024 earnings report showed that its year-over-year growth rate of 1.8% was its lowest ever.

In an SEC filing, Dropbox estimates that the layoffs will incur total cash expenditures of $63 million to $68 million, mostly from severance payments, employee benefits, and related costs.