this post was submitted on 31 Oct 2024
191 points (98.5% liked)

Technology

59314 readers
4603 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
191
Dropbox lays off 20% of staff, says it overinvested and underperformed (arstechnica.com)
submitted 1 week ago by Alphane_Moon@lemmy.world to c/technology@lemmy.world
22 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] tias@discuss.tchncs.de 41 points 1 week ago

We continue to see softening demand and macro headwinds in our core business

Maybe if you didn't raise your prices to finance dumb investments, the demand for your core business wouldn't falter.

If anything I think people's poor economy is forcing them to get rid of luxuries like Dropbox, and the way for Dropbox to stay relevant is to let prices follow the economy of their customers down.