Dropbox Layoffs 2024 Chevy. Dropbox is cutting its workforce by 20 percent today — laying off 528 people — amid slowing growth for its core cloud storage business. Dropbox announced it is laying off 528 people, or 20% of its workforce, ceo drew houston wrote in a staff memo published on the company website wednesday.
Dropbox (dbx) stock is rising today after the company announced plans for layoffs. Dropbox lays off hundreds of staff as company heads into “transitional period”.