this post was submitted on 30 Oct 2024
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103
Dropbox decided to reduce their global workforce by approximately 20% or 528 employees. (blog.dropbox.com)
submitted 16 hours ago by Dot@feddit.org to c/technology@lemmy.world
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[–] schizo@forum.uncomfortable.business 17 points 15 hours ago (1 children)

Cute how he keeps calling the people fired employees.

Pretty sure they're not once you've fired them.

[–] net00@lemm.ee 12 points 15 hours ago

I'm sure he's taking full responsibility going to sleep in his mansion tonight, with his big salary and bonuses, which will probably see a nice bump from this.

[–] praise_idleness@sh.itjust.works 9 points 14 hours ago (1 children)

Fancy S3 losing market? I am shocked!

[–] sunzu2@thebrainbin.org 1 points 11 hours ago

Dropbox is on aws?

[–] BombOmOm@lemmy.world 7 points 14 hours ago* (last edited 14 hours ago) (1 children)

Why the hell do they have so many employees in the first place? You don't need so many people for the few products they offer.

[–] Telodzrum@lemmy.world 6 points 10 hours ago

Money was cheap, so most tech firms overhired throughout the 2010s and into the first few years of this decade. Now that rates are higher we are seeing a market correction to the actual required workforce for the industry. I feel bad for the millions of tech workers trained and produced by programs for the last 15-20 years who will need to retrain in a new industry.

[–] homesweethomeMrL@lemmy.world 2 points 15 hours ago

Was Condi Rice one of them?