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Fast Company
Dropbox lays off 20% of its workforce as CEO blames 'excess layers of management' for stunted growth
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2024-10-30
Dropbox
Key facts
- city: San Francisco
- state: CA
- country: United States
- sector: Information Technology
- foundation year: 2007
- industry: Software
- CEO: Andrew W. Houston
Classified as: organization
Summary
Dropbox is a company. It is located in San Francisco, the United States and was founded in 2007. The company is part of the Information Technology sector, specifically in the Software industry.
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Dropbox is one of:
- Assets: 3.1B $
- Debt: 2.4B $
- Employees: 2,667 people
- Free cash flow: 678.4M $
- Market cap: 8.3B $
- Profits: 335.8M $
- Revenues: 2.2B $
Stocks from Dropbox
Talking Points:
- Dropbox.com
- Dropbox helps you simplify your workflow. So you can spend more time in your flow.
- Dropbox is the one place to keep life organized and keep work moving. Need support? Head to @DropboxSupport.
- Dropbox is the one place to keep life organized and keep work moving. | Dropbox is the one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is headquartered in San Francisco, CA, and has offices around the world.
- Dropbox, Inc. provides a content collaboration platform worldwide. Its platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. As of December 31, 2021, the company had approximately 700 million registered users. It serves customers in professional services, technology, media, education, industrial, consumer and retail, and financial services industries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
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