Dropbox announces reduction of global workforce by about 9%

• Dropbox expects to recognize most of the costs in the fourth quarter, with the remainder in 2027

• As of December 31, the company had 2,113 full-time employees

• Chief Technology Officer Ali Dasdan will also step down, effective November 18, the filing said

• CEO and co-founder Andrew Houston stepped down in May, with insider Ashraf Alkarmi promoted to succeed him