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 would impact 528 people. The goal, he added, was to make cuts in areas where Dropbox has “over-invested” while designing a “flatter, more efficient” team structure.
https://techcrunch.com/2024/10/30/dropbox-is-laying-off-20-of-its-staff/