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Add as a preferred source on GoogleDropbox Plans to Cut About 9% of Its Workforce at a Cost of Up to $33 Million
The company expects $27 million to $33 million in expenses, largely for severance, employee benefits and related costs.
Dropbox plans to reduce its workforce by about 9%, with the cuts expected to cost the company $27 million to $33 million.
Most of the projected expense is tied to severance payments and employee benefits, along with related costs. Dropbox announced the workforce reduction Wednesday, Oct. 28.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.