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Global TECH LAYOFFS in 2023 already surpass last year's total; more job cuts still to come

The number of mass layoffs in the technology sector that began in the last quarter of 2022 have extended into 2023. Globally, the number of job cuts in the tech sector has already surpassed last [.] ....

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Dropbox (NASDAQ:DBX) Upgraded by The Goldman Sachs Group to "Neutral"

The Goldman Sachs Group upgraded shares of Dropbox (NASDAQ:DBX – Get Rating) from a sell rating to a neutral rating in a report published on Monday, The Fly reports. The firm currently has $25.00 price objective on the stock, up from their prior price objective of $22.00. A number of other equities analysts have also […] ....

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Thrivent Financial for Lutherans Increases Holdings in Dropbox, Inc. (NASDAQ:DBX)

Thrivent Financial for Lutherans increased its holdings in shares of Dropbox, Inc. (NASDAQ:DBX – Get Rating) by 0.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,495,218 shares of the company’s stock after purchasing an additional 31,903 shares during the period. […] ....

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Nordea Investment Management AB Boosts Stake in Dropbox, Inc. (NASDAQ:DBX)

Nordea Investment Management AB boosted its stake in Dropbox, Inc. (NASDAQ:DBX – Get Rating) by 8.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,217,433 shares of the company’s stock after buying an additional 170,118 shares during the quarter. Nordea Investment Management AB […] ....

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Big Tech Jobs on the Line As Google, IBM, Dropbox Lean Into AI

"Our next stage of growth requires a different mix of skill sets, particularly in AI," Dropbox CEO Drew Houston said. ....

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