In response to sluggish cloud growth, Dropbox, a leading cloud storage firm, has announced that it will reduce its workforce by 16% to curtail costs and concentrate on improving its AI capabilities by hiring new talent.
Super.com has secured $85 million in its Series C funding round to expand its savings super app. The company intends to use the fresh capital to boost its product and engineering resources, introduce new features to its super app, and diversify ways in which it can assist customers to save
In an email sent out to the Lyft employees, it was disclosed that a "significant" number of them would face job cuts. The measure has been taken to align fares with those of Uber and to reduce costs.
