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Dropbox Implements 9% Workforce Reduction Amid Leadership Changes

Technology News

Dropbox Implements 9% Workforce Reduction Amid Leadership Changes

Dropbox Announces 9% Workforce Reduction as Co-CEO Ashraf Alkarmi Confirms CTO Ali Dasdan’s Exit

NEWS18

Dropbox Announces 9% Workforce Reduction as Co-CEO Ashraf Alkarmi Confirms CTO Ali Dasdan’s Exit

The company announced the restructuring on Wednesday, October 28, saying the changes would affect around 200 positions across its Engineering and Product, Design.

Dropbox cutting 200 global roles

Silicon Republic

Dropbox cutting 200 global roles

The company also laid off around 500 people two years ago.

Dropbox plans 9% workforce cut, technology chief to exit

Reuters

Dropbox plans 9% workforce cut, technology chief to exit

File hosting service Dropbox said on Wednesday ​it would cut its global ‌workforce by about 9% to align investments with its top product and growth ​priorities, according to a ​regulatory filing.

Dropbox announces reduction of global workforce by about 9%

Economic Times

Dropbox announces reduction of global workforce by about 9%

In a significant move, Dropbox Inc will reduce its global workforce by roughly 9%, expecting to incur extra costs of $20 million to $25 million. The cash costs linked to this workforce cut are...

Dropbox drops the layoffs hammer. Read the memo.

Business Insider

Dropbox drops the layoffs hammer. Read the memo.

Co-CEO Ashraf Alkarmi said Dropbox is profitable but needs to make "hard choices" about where it spends its money.

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