Dropbox is reportedly laying off 20 per cent of its employees. The company’s decision will impact hundreds of employees. As per reports, affected employees are expected to receive severance, equity, and transition payments. Additionally, the company will provide some healthcare benefits as well as job placement services. As per a report of TechCrunch, Dropbox CEO Drew Houston calls it a “transitional period.” Houston reportedly said that the job cuts would impact 528 employees. Visa Layoffs: US-Based Credit Card Service Corporation Plans To Lay Off 1,400 Employees and Contracts To Streamline Its Global Operations.

Dropbox Lays Off 20% of Its Employees

Tech Layoffs: Dropbox Lays Off 20% of Its Employees

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