Dropbox is laying off roughly 9% of its workforce. Read the memo.
Co-CEO Ashraf Alkarmi said Dropbox is profitable but needs to make "hard choices" about where it spends its money.
Dropbox recently announced layoffs of approximately 9% of its global workforce, totaling around 200 employees. Co-CEO Ashraf Alkarmi made this difficult decision in an email to employees, stating that the company is concentrating its resources on the most impactful priorities for long-term growth. Engineering, Product, Design, and G&A teams will see the reductions, with Ali Dasdan, the chief technology officer, also leaving.
Alkarmi emphasized the company's profitability and its commitment to treating affected employees with respect and care.
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