We’ve been bringing in great talent in these areas over the last couple years and we’ll need even more.” However, he said its “next stage of growth requires a different mix of skill sets, particularly in AI and early-stage product development. In an ideal world, Houston said Dropbox would simply shift employees from one year to another. “Over the last few months, AI has captured the world’s collective imagination, expanding the potential market for our next generation of AI-powered products more rapidly than any of us could have anticipated.” He said that the AI era of computing had arrived and there was an opportunity if the business was quick enough to seize it. Dropbox CEO fires 500 humans for AI visionĭropbox is laying off 500 employees, representing about 16 per cent of the company’s global workforce as part of a plan to become more AI-focused.ĬEO Drew Houston said that while the business was profitable, thanks to humans, its growth has been slowing.
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