Dropbox CEO Drew Houston says the company is laying off 528 employees, or 20% of its workforce, as it enters a "transitional period" (Kyle Wiggers/TechCrunch)

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Kyle Wiggers / TechCrunch:
Dropbox CEO Drew Houston says the company is laying off 528 employees, or 20% of its workforce, as it enters a “transitional period”  —  Dropbox is letting go 20% of its workforce as the cloud company undergoes what CEO Drew Houston calls a “transitional period.”

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