Dropbox Cuts 9 Percent of Global Workforce
Dropbox is reducing its global workforce by approximately 9 percent to align investments with primary product and growth priorities.
Dropbox announced a plan to reduce its global workforce by approximately 9 percent to align investments with its primary product and growth priorities. According to a regulatory filing, the company expects the layoffs to incur costs between $27 million and $33 million, primarily for severance payments. The majority of these expenses will be recognized in the fourth quarter of 2026, with the remainder occurring in 2027.
As part of the organizational changes, Chief Technology Officer Ali Dasdan will step down from his position effective November 18. The company reported that its third-quarter results are expected to meet or exceed previous guidance for revenue and adjusted operating margin. As of December 31, the company employed 2,113 full-time staff.
