# Dropbox Plans to Cut About 9% of Its Workforce at a Cost of Up to $33 Million

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/42790
Published: 2026-10-28T17:50:43.000Z
Updated: 2026-10-28T17:50:43.000Z
Section: Business

> 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.