Story perspectives

Dropbox Cuts 200 Jobs, CEO Steps Down in 2026

By Drooid · Oct 28, 2026 · How we work

Read the story

Story summary

Summary

Dropbox announced a 9% workforce reduction, cutting roughly 200 roles.
Co-CEO Ashraf Alkarmi said the cuts target Engineering, Product, Design, and G&A teams.
Chief Technology Officer Ali Dasdan will step down on November 18, 2026, receiving a $515,000 bonus and $1.3 million lump sum.
Dropbox estimates layoff costs between $27 million and $33 million.
Departing employees receive 16 weeks pay, extra week per service year, six months COBRA subsidy, and Modern Health access.

1 of 1

Dropbox announced a 9% workforce reduction, cutting roughly 200 roles.
Co-CEO Ashraf Alkarmi said the cuts target Engineering, Product, Design, and G&A teams.
Chief Technology Officer Ali Dasdan will step down on November 18, 2026, receiving a $515,000 bonus and $1.3 million lump sum.
Dropbox estimates layoff costs between $27 million and $33 million.
Departing employees receive 16 weeks pay, extra week per service year, six months COBRA subsidy, and Modern Health access.