![]() The Magic Pocket initiative is Dropbox’s latest effort to reboot its strategy after questionable forays into consumer apps such as Mailbox (an email alternative) and Carousel (a photo organizer). In an employee memo, Dropbox CEO Drew Houston said that the cloud -based file host must switch strategies in order to execute on its product roadmap. Posted: 4 months ago Work From Home Jobs for COVID-19 Layoffs. Dropbox plans on laying off 11 percent of its workforce, or 315 people, and COO Olivia Nottebohm will step down at the beginning of February. You can expect the tech companies to expand their alliance in Germany later this year. 1 Dropbox job vacancies in Kolkata - Apply latest Dropbox job openings in Kolkata. Instead, these layoffs come as the company seeks to better focus on its growth plans in 2021. Get Data Sheet, Fortune ’s daily technology newsletter.ĭropbox isn’t ditching Amazon entirely, especially when it comes to serving customers outside the United States. Dropbox CEO Drew Houston says that these layoffs aren’t a reflection of employee’s abilities. “It was clear to us from the beginning that we’d have to build everything from scratch, since there’s nothing in the open source community that’s proven to work reliably at our scale.” “We knew we’d be building one of only a handful of exabyte-scale storage systems in the world,” Gupta writes. Locked Out & Laid Off: Amid Mass Layoffs, Fires Employees In India. Dropbox isn’t saying how much money this will save, but it does give the San Francisco-based business far more control over its destiny. Aditya Agarwal (Dropboxs Vice President), Matt Mullenweg (WordPress. This approach is similar to what Facebook pulled off through the Open Compute Project, the social network’s five-year-old initiative to reduce data center costs. A number of unicorn startups, worth over 1 billion, including Evernote, Jawbone, and Tango, have all gone through some form of cost cuts, whether layoffs, office closures, or reduced employee perks. From an operations standpoint, the switch helps Dropbox reduce its own equipment costs over time through custom-built hardware and software.
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