TechSilicon Republicabout 3 hours ago
Dropbox Cuts 200 Jobs Amid Restructuring
2 min read
Dropbox lays off 200 employees, representing 9pc of its global workforce, in engineering, product, design and administrative functions. The company states it is profitable and aims to concentrate resources for long-term growth. Impacted staff receive 16 weeks' pay plus one additional week for each completed year at Dropbox. Co-CEO Ashraf Alkarmi announced the cuts yesterday (28 October).
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