The companies operating in the IT sector, especially in the cloud, are those that have suffered the least from the impact of the pandemic, in many cases increasing their turnover even significantly. This is not the case with Dropbox , which announced a layoff plan for 315 employees, equivalent to 11% of the workforce. Olivia Nottebohm , the Chief Operating Officer will also leave the company company, formerly of Alphabet (Google) which took office last year.

Dropbox leave home 11% of the workforce

“ This reduction in the workforce, although painful, it is necessary to implement the new strategies that we have shared in recent months “explains Drew Houston, CEO of Dropbox , in a post on the company blog. Only last spring he made a commitment to keep all jobs during the 2020, a promise to all intents and purposes honored , even though the cold shower came in the early days of 2021, when Dropbox realized that “ changes are needed in order to create a healthy and growing business “, as Houston explains.

The company is refocusing its strategic priorities, reshaping the leadership structure and focusing on the remote workforce with the Virtual First plan, which plans to enhance smart working using less possible offices. For the 2021, there are three strategic priorities of the company: improve the Dropbox experience, invest in new products for the distributed workforce and strive for operational excellence .

In her post, Houston greets Olivia Nottebohm, who will be leaving the company on February 5th as announced. Information that weighed on the performance of the share (listed on Nasdaq), which on the day of the announcement, the 13 January, suffered a collapse of 6, 31%.