'Dropboxers, today will be your last day': Dropbox lays off 9% of global workforce; CTO Ali Dasdan to step down. Read what the company said in memo

Dropbox is set to cut approximately 200 jobs as part of its growth-oriented reorganization plan. The focus will be on restructuring teams in engineering, product, and administration, resulting in several employees leaving immediately. On November 18, Chief Technology Officer Ali Dasdan will also resign. Employees impacted by the layoffs will receive severance packages including financial support, while the company aims to enhance operations and customer service effectiveness.