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DROPBOX TO CUT GLOBAL WORKFORCE BY ABOUT 9% $DBX
Coinbase Cuts 14% Of Global Workforce—Citing AI And ‘Down Market’
Dropbox to Cut About 6% of Global Workforce
That's a huge portion of its global workforce.
Dropbox $DBX is cutting about 9% of its global workforce, with $27M to $33M in expected cash costs. CTO Ali Dasdan will step down on Nov. 18. The company expects Q3 revenue and non-GAAP operating margin to be in line with or above prior guidance. Full results are due Nov. 5.
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🚨 ALERT: American Express is cutting 5% of its global workforce, roughly 3,850 jobs, to become “leaner, more agile, and also to prepare for AI,” its CFO said.
EBAY SHARES UP 1.6% PREMARKET AFTER CO SAYS WILL REDUCE GLOBAL WORKFORCE BY ABOUT 9%
From building Builder Central's frontend to shipping support agents for our 80k+ global workforce — we're putting AIforce to use. Our internal use cases can be your enterprise's blueprint to going headles. Read the latest blog to learn more.
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American Express $AXP just announced the company will be reducing the size of its global workforce by ~5%, impacting ~3,500 jobs - Bloomberg