DROPBOX

Microsoft and Dropbox Lay Off Thousands Due to AI – The Impact on the Workplace

After a strong third quarter, Microsoft is reportedly laying off between 1,000 and 1,500 employees in its Azure cloud and mixed reality divisions. Dropbox also announced 500 layoffs in April 2023, with CEO Drew Houston citing AI as a significant factor. “In an ideal world, we would move people from one group to another, and we did that wherever possible,” Houston explained.