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Gizmodo

Dropbox CEO 'Takes Full Accountability' as He Fires 500 People

Gizmodo
Summary
Nutrition label

70% Informative

Dropbox CEO Drew Houston announced a round of layoffs affecting 500 employees.

The cloud storage company will cut 16% of its staff in 2023 .

Houston will remain on as CEO and has a multi-billion dollar stake in the company.

The company has been outgunned by bigger rivals that offer cloud storage but at a much larger scale.

VR Score

67

Informative language

61

Neutral language

73

Article tone

informal

Language

English

Language complexity

43

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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