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Eric Cox, Dropbox's chief customer officer, is stepping down to spend more time with his family, remaining temporarily to assist with the transition until mid-August. His departure follows a period of slowed revenue growth and significant workforce reductions, as the company pivots towards AI-driven tools like Dropbox Dash. This change reflects ongoing challenges in maintaining executive stability amid strategic transformations.
Dropbox is laying off 20% of its global workforce, equating to 528 roles, as part of a transition in its business model, according to CEO Drew Houston. This decision follows a previous 16% reduction in April 2023, driven by slowing growth and the need for a more efficient organizational structure. Affected employees will receive 16 weeks of pay plus additional compensation based on tenure.
Drew Houston
People
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Dropbox chief customer officer resigns amid slowing growth and workforce cuts
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04:00 12.04.2025
Dropbox announces 20 percent workforce reduction amid economic challenges
15:43 30.10.2024
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