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Fire Sale: $300 Million San Francisco Office Tower, Mostly Empty. Open to Offers.

350 California Street was worth $300 million four years ago. It might sell for 80% less now, brokers say, in a market where office vacancy rates have soared. ....

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Dropbox to Cut 16% of Workforce

Artificial intelligence push among reasons for job reductions, CEO says ....

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Dropbox to cut workforce by 16%, hire new talent for AI-powered products

Cloud storage provider Dropbox Inc said on Thursday it would reduce its global workforce by 16% to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings.. | April 27, 2023 ....

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Dropbox (NASDAQ:DBX) Sees Large Volume Increase

Dropbox, Inc. (NASDAQ:DBX – Get Rating) shares saw strong trading volume on Thursday . 1,706,063 shares changed hands during trading, a decline of 42% from the previous session’s volume of 2,929,828 shares.The stock last traded at $20.67 and had previously closed at $20.89. Wall Street Analysts Forecast Growth A number of research firms have weighed […] ....

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US Tech Company Dropbox Slashes 16% Of Workforce Amid "Slowing Cloud Growth"

Cloud storage provider Dropbox Inc said on Thursday it would reduce its global workforce by 16% to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings. ....

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