Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, CTOnews.com netizens, and Daniel Wu for your clue delivery! CTOnews.com, April 28 (Xinhua)-- cloud storage service Dropbox announced on Thursday that it will cut 500 jobs, or 16% of its workforce, as the company takes restructuring measures to cope with economic difficulties and business transformation.

Drew Houston, Dropbox's chief executive, blogged on the company's website, explaining the reasons for the layoffs. Dropbox's growth has slowed, he said, partly because its business has matured and partly because the poor economic situation has put pressure on its customers. He added that the company needs to be more focused on developing products based on artificial intelligence, which requires recruiting employees with different skills. "ideally, we just need to move people from one team to another," he says. We did as much as we could. However, our next phase of growth requires different skill sets, especially in artificial intelligence and early product development. We have brought in good people in these areas in the past few years, and we need more. "

Affected employees will receive free job placement services and career guidance, as well as up to 16 weeks of severance pay, with an additional week per year during their tenure at Dropbox, Houston said. In addition, the company will merge its core business and document workflow business, and restructure some internal teams. Dropbox plans to hold internal seminars tomorrow and next week to answer employees' questions. "these changes have never been easy, but I am determined to keep Dropbox at the forefront of the era of artificial intelligence, just as we were at the forefront of mobile and cloud computing." Houston wrote.

CTOnews.com Note: Dropbox is a company that provides cloud storage and file sharing services, with more than 700 million registered users. In addition to cloud storage and file sharing services, Dropbox also has a series of other products, such as electronic signature, document sending, file backup, screen capture, large file transfer, collaborative documents, password management and so on. Dropbox can also be integrated with other tools, such as Zoom, Slack, Adobe Creative Cloud, etc.

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