Dropbox To Reduce Global Headcount By ~9%; Estimates Job Cuts Will Result In Total Cash Expenditures Of ~$27M-$33M; Expects Q3 Financial Results To Be In-Line With Or Above Guidance Ranges For Sales And Adjusted Operating Margin
Expects its third quarter 2026 financial results to be in-line with or above its guidance ranges for revenue, constant currency revenue, and non-GAAP operating margin, previously provided in the investor supplement
Dropbox is cutting about 9% of its workers to save money. The company still expects to hit its profit goals this quarter.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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