Dropbox is laying off 20% of its staff - TechCrunch
Oct 30, 2024 · Dropbox is laying off 20% of its workforce as the cloud company undergoes what CEO Drew Houston calls a “transitional period.” In a letter to staff, Houston said that the reduction in headcount...
Dropbox cuts its workforce by 20 percent in latest round of layoffs
Oct 30, 2024 · Dropbox is cutting its workforce by 20 percent today — laying off 528 people — amid slowing growth for its core cloud storage business. The latest round of cuts comes after Dropbox laid off...
SF's Dropbox slashes 528 workers after CEO called last layoff …
Oct 30, 2024 · Dropbox, a San Francisco tech company best known for its file-hosting tools, is slashing 20% of its workforce. The cut is slated to leave 528 employees out of work — including 174 in California.
Dropbox lays off 20% of staff, says it overinvested and …
Oct 30, 2024 · Dropbox is laying off 528 employees in a move that will reduce its global workforce by 20 percent, CEO Drew Houston announced today.
Dropbox lays off 500 employees, 16% of staff, CEO says due to …
Apr 27, 2023 · Cloud storage giant Dropbox today joined the fray of tech companies announcing layoffs. The company today announced that it would be laying off 16% of its staff, equivalent to about 500...
Dropbox cuts 20% of staff, CEO takes 'full responsibility'
Oct 31, 2024 · Cloudy file-shifter Dropbox has axed about 20 percent of its staff, its second round of layoffs in less than two years. CEO Drew Houston said some parts of the business are booming, but cuts were needed where the company had over-invested or underperformed.
An update from Drew - Dropbox Blog
Oct 30, 2024 · You’ll be eligible to receive the following benefits and support: Severance, equity, and transition payment. All impacted employees will be eligible for sixteen weeks of pay, starting today, with one additional week of pay for each completed year of tenure at Dropbox.
Dropbox Layoffs: Read CEO Drew Houston's Memo - Business …
Oct 30, 2024 · Dropbox is laying off 528 employees, about 20% of its workforce, and making the company flatter. CEO Drew Houston said the cuts were due to softening demand, macro headwinds, and excess...
Dropbox slashes 20% of global workforce, eliminating more than …
Oct 30, 2024 · Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff. The company is in a “transitional period” as its file sync...
Dropbox lays off 171 workers in California - The Business Journals
Oct 30, 2024 · San Francisco-based Dropbox (Nasdaq: DBX) announced Tuesday it will lay off 20% of its staff or 528 employees worldwide. 174 of the workers reside in California, according to a WARN notice. It...