Dropbox says it will cut about 200 jobs and its chief technology officer will leave. Nothing in the report points to changes for customer accounts.
Dropbox, the file storage service, said on Wednesday it plans to cut about 200 jobs worldwide. It also said its chief technology officer, Ali Dasdan, will step down on November 18. The company expects severance and related costs of $27 million to $33 million.
Dropbox lets people and businesses store files online and share them from any device. The company says the job cuts are meant to line up its spending with its priorities. It did not say in the material available which teams are affected.
The chief technology officer is the executive in charge of a company's technical direction. Dasdan's exit date is set for November 18. The material does not say why he is leaving or who will take over.
Nothing in the report says Dropbox accounts, prices or features are changing. Still, news like this is a fair reminder to keep a second copy of files your business depends on, stored somewhere other than Dropbox.
The job count of about 200 and the cost range of $27 million to $33 million are the clearest figures so far.
Dropbox is cutting about 200 jobs and losing its tech chief, but accounts look unchanged; keep a backup of key business files anyway.
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