3 weeks Dropbox lays off 20% of its workforce as CEO blames ‘excess layers of management’ for stunted growthFast Company

Dropbox is dropping a huge chunk of its head count.

CEO Drew Houston relayed to employees that the company was shedding 20% of its workforce, equivalent to 528 roles, in a letter published on Wednesday.

“As CEO, I take full responsibility for th…

Houston

2 days Here’s Why You Should Avoid Investing in MRC Global Stock NowZacks X

2 days Phillips 66 Faces $2.4M Fine for Alleged Oil Dumping in LAZacks X

2 days AB InBev Invests $14M in Houston Brewery to Boost Beer ProductionZacks X

4 days An anonymous celebrity is suing the Texas lawyer repping Diddy accusers, alleging he’s trying to destroy the man’s reputationBusiness Insider X

5 days AfroTech debuted in Houston, where optimism outweighed uncertaintyBusiness Insider X

1 week Intuitive Machines’ stock skyrockets as third-quarter revenue more than triples and NASA fuels record backlogMarketWatch X

2 weeks Top Ducati executive explains how the Army helped him succeed and shares 2 traits that make veterans great hiresBusiness Insider X

3 weeks Harris’ chances are still alive after she won a key vote in NebraskaBusiness Insider X

3 weeks Marathon Oil and ConocoPhillips’ $22.5B Deal Sparks Major LayoffsZacks X

3 weeks Another US oil refinery to vanish with Lyondell Houston plant closingInvesting.com X

3 weeks Autonomous Trucking Company Aurora Delays Driverless Freight LaunchInc.com X

3 weeks Dropbox – The outsider with a sticky productReddit X

3 weeks Dropbox slashes 20% of global workforce, eliminating more than 500 rolesReddit X

4 weeks Dropbox CEO Drew Houston says these types of people will be the ones to benefit from AIBusiness Insider X

1 month Helga Houston Sells 6,455 Shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) StockMarketBeat X

1 month Beyoncé is rallying with Kamala Harris in Houston. Will it make a difference?Business Insider X

1 month GM’s Cruise is cutting its lossesFortune X

1 month Activist Urges Cheesecake Factory to Consider BreakupThe Wall Street Journal X

More news +