this post was submitted on 31 Oct 2024
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191
Dropbox lays off 20% of staff, says it overinvested and underperformed (arstechnica.com)
submitted 3 weeks ago by Alphane_Moon@lemmy.world to c/technology@lemmy.world
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[–] tias@discuss.tchncs.de 41 points 3 weeks ago

We continue to see softening demand and macro headwinds in our core business

Maybe if you didn't raise your prices to finance dumb investments, the demand for your core business wouldn't falter.

If anything I think people's poor economy is forcing them to get rid of luxuries like Dropbox, and the way for Dropbox to stay relevant is to let prices follow the economy of their customers down.