Dropbox Is Laying Off 20% Of Its Staff After Structure Becomes ‘overly Complex’

Sophie Atkinson, ReadWriteWeb
Thu, 10/31/2024 - 4:34am

The file hosting service Dropbox is reducing its global workforce by 20% which amounts to 528 people. The email, which was sent by co-founder and CEO Drew Houston to all employees, was shared to the public by the company on Wednesday (October 30). In the news, he writes that he takes “full responsibility for this decision and the circumstances that led to it” as the CEO.

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Dropbox to layoff 20% employees globally, read CEO’s email to employees
Dropbox is laying off 528 employees, 20% of its global workforce, due to a need for greater efficiency and a streamlined organizational structure. CEO ...
10/31/2024 - 3:05 pm | View Link
Dropbox lays off another 500+ employees as demand softens
Drew Houston, Dropbox's CEO, wrote in a memo to staff that the company is in a transitional period, adding that its main file syncing and sharing ...
10/31/2024 - 2:47 am | View Link
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
The company is in a “transitional period” as its file sync and share business and its Dash artificial intelligence search feature mature.
10/30/2024 - 4:18 pm | View Link
Dropbox Is Laying Off 528 Employees
Dropbox is laying off 20% of its workforce as the cloud company undergoes what CEO Drew Houston calls a “transitional period” TechCrunch reported. In a ...
10/30/2024 - 9:55 am | View Link
Dropbox lays off 20% of employees and joins Big Tech's flattening trend. Read CEO Drew Houston's memo.
Dropbox's CEO cited external factors and "excess layers of management slowing us down" when announcing the layoffs.
10/30/2024 - 5:21 am | View Link
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Dropbox Is Laying Off 20% Of Its Staff After Structure Becomes ‘overly Complex’

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