Dropbox Plans 9% Workforce Cut; Technology Chief to Exit
Dropbox said it would cut its global workforce by about 9% to align investments with its product and growth priorities, according to a regulatory filing.
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01:49:20 PM UTC
SquawkNews
By Robb M. StewartDropbox is cutting jobs globally in a move it says will align its workforce with investments and its top product and growth priorities.The global workforce at the file-storage company will be reduced by about 6%, which Dropbox said will result in total cash expenditure of between…
File hosting service Dropbox NASDAQ:DBX said on Wednesday it would cut its global workforce by about 9% to align investments with its top product and growth priorities, according to a regulatory filing.Here are some more details