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Dropbox Announces Layoffs Impacting Dublin Office

Dropbox, the online company with its European headquarters in Dublin, has announced layoffs of 16% of its workforce, affecting its global employees, including those in Ireland. CEO Drew Houston cited pressure from the economic downturn and developments in artificial intelligence as reasons for the restructuring. While Dropbox has not given a specific number for its Irish workforce, the company previously indicated it employs hundreds in the city. Despite the contraction in the tech industry, Houston remains committed to Dublin and calls it the company’s headquarters.

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