Dropbox to cut ~6% of staff and lose its CTO

Dropbox plans to cut about 6% of its global workforce, roughly 200 jobs, with severance and related costs of $27M to $33M. CTO Ali Dasdan will step down on November 18.

• The cuts affect about 6% of staff, or roughly 200 jobs
• Severance and related costs are estimated at $27M–$33M
• CTO Ali Dasdan will leave the company on November 18