Dropbox will be laying off 315 people including their COO.


“The steps we’re taking today are painful, but necessary,” Dropbox CEO Drew Houston said in an employee memo Wednesday. Dropbox committed to preserve job security through 2020, but Houston said that looking ahead to this year “it’s clear that we need to make changes in order to create a healthy and thriving business for the future.”

The company said the job cuts will help it focus on its top priorities for the year, which include evolving the core Dropbox experience, investing in new products and driving operational excellence.

They have been pretty much in the stale end in the last few years and it shows. I myself have been moving away from it in the last year and going into a self-hosted solution on 10Cloud (powered by Nextcloud). I still use Dropbox but not as much as it used to be.