Dropbox cuts about 9% of staff as CTO Ali Dasdan departs

Dropbox is eliminating roughly 200 roles, about 9% of its workforce, and expects $27M–$33M in cash costs, mostly in the fourth quarter. Chief technology officer Ali Dasdan will leave on Nov 18. (SEC filing; American Bazaar)

In its Oct 28 filing, the company said the cuts are meant to line up spending and team structure with its main product and growth priorities. It expects $20M–$25M in incremental expense beyond amounts already accrued, with the rest of the costs falling in 2027. Press coverage put the affected teams in engineering, product, design and general and administrative functions. (SEC filing; American Bazaar)

Dasdan will receive a pro rata bonus of $515,000 and a lump-sum payment of about $1.3M, according to the filing. Dropbox said it would report third-quarter results on Nov 5. (SEC filing)