Dropbox to reduce global workforce by about 16%, or 500 staff

Re:Dropbox to reduce global workforce by about 16%, or 500 s... by nemothekid on Thursday April 27, 2023 @12:13PM (#35730305)

>when you've sunk this many billions into something, you can't wait that long before needing to make that money back.

The last 15 years of tech says otherwise. Tesla is the most obvious counterpoint to this example. I don't think the Metaverse is useful, but my issue with Facebook isn't that he poured 30B into what was essentially R&D.

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Re:Dropbox to reduce global workforce by about 16%, or 500 s... by rchaud on Thursday April 27, 2023 @01:59PM (#35732105)

Tesla is an automotive company whose finances and stock valuation work on very different principles compared to an ad company like Facebook.

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Re:Dropbox to reduce global workforce by about 16%, or 500 s... by somsak2 on Thursday April 27, 2023 @05:43PM (#35735014)

if it were actually valued as an automotive company, it wouldn't have anywhere close to its current valuation

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Re:Dropbox to reduce global workforce by about 16%, or 500 s... by Aeolun on Thursday April 27, 2023 @07:12PM (#35735685)

Or Amazon.

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