These egotistical CEOs need to work on how to deliver difficult news without making so much of it about how hard it is on themselves. > This is a hard message for me to send > This is one of the toughest decisions I’ve had to make in my 14 years as CEO No one asked how you feel, Drew. You'll be fine.
Dropbox to cut 11% of its global workforce
251–260 of 689 posts
Re: Dropbox to cut 11% of its global workforce
#252I understand it's a management decision, but I'm curious as to why companies don't really start with "hey, we need to lay off 11%. Who here would like to volunteer. Here are the perks we are going to offer" See how many that gets you. Then again, that might get you more than 11% if you aren't careful.
That way you lose the people who have the best prospects elsewhere, often your top employees. This way you can pick which 11% you least want to keep.
Re: Dropbox to cut 11% of its global workforce
#253Earlier quoted context omitted.
The company is nowhere near failing. It's just not necessary to be as big as it is. Dropbox still has the best sync technology by far, however they failed to really capitalize on a single market. The consumer side cares more about value and it's hard to compete with Microsoft/Apple/Google while the business side is already well-served by Box.com. I still think there's a good opportunity if they can build on storage t…
For me the main reason I'm not a Dropbox customer is their rigid pricing structure, £7.99 a month for 1TB is good value for people who use 1TB, but I only need like 10% of that so would be wasting money I'm guessing they bank on a small % of "whale" consumers using all their allowance and everyone else being way under the limit I've stuck with Google drive for the 100gb plan at £1.99 which suits my needs, but would m…
Re: Dropbox to cut 11% of its global workforce
#254Dropbox is often cited as a success story when it comes to startups. But makes me think, is this what we should call successful companies? Companies that takes others money, grow the company until they've grown too much and need to fire people because of their poor decisions? Sure, Dropbox is a whole of 13 years old, which is infinity time on the internet, but considering the rest of the ecosystem with businesses (wh…
Re: Dropbox to cut 11% of its global workforce
#255Was the COO fired? It sounds like she was, reading this article. Is this a move to further reduce cost by rehiring in less-expensive locations? I imagine engineering functions will also be affected.
> Was the COO fired? It sounds like she was, reading this article. Knowing nothing about the internals at Dropbox, it does sound like it (on the surface at least). Having worked at a couple major tech companies now, executives never get fired. They "step down", or go on sabbatical ... and never come back. The usual hallmark of the action is that the email about it isn't sent by the leaving executive themselves, it's…
Re: Dropbox to cut 11% of its global workforce
#256Earlier quoted context omitted.
Why should they be going off like a rocket?
All remote collaboration software is growing like bonkers during the pandemic because of remote work.
People will just share the same way they shared while in the office.
Re: Dropbox to cut 11% of its global workforce
#257Earlier quoted context omitted.
They could have just said continued healthcare for 6 months - that's got to be a lot better than paying for 6 months of COBRA.
It's the same thing. COBRA means you continue any healthcare plan you had while employed, with the only difference being you pay the full premium rather than your company subsidizing it. But in this case, it seems Dropbox is still subsidizing it (if that is indeed what that sentence in the letter means)... so it is just continued health coverage.
Re: Dropbox to cut 11% of its global workforce
#258Earlier quoted context omitted.
Real hard to make a business with a $2 a month fee. When credit card fees in the US, the bank is eating like 50 cents of it. I think 7-8 bucks/pounds is about the minimum price for many apps to bother with it. Below that rather just have a limited “free” tier.
Credit card fees are negotiable with most processors. You can get a fee structure that is optimized for low dollar transactions.
Re: Dropbox to cut 11% of its global workforce
#259off topic: I'm the type of person who likes to select text while reading, and this page is terrible for that. It seems to replace the select cursor icon with a highlighter icon, which is super jarring. It also adds a weird popup after you selected text.
Re: Dropbox to cut 11% of its global workforce
#260Earlier quoted context omitted.
The company is nowhere near failing. It's just not necessary to be as big as it is. Dropbox still has the best sync technology by far, however they failed to really capitalize on a single market. The consumer side cares more about value and it's hard to compete with Microsoft/Apple/Google while the business side is already well-served by Box.com. I still think there's a good opportunity if they can build on storage t…
I can't talk about GDrive or iCloud. However, window's cloud storage is REALLY good. Far better than dropbox IMO. It actually surprised me how seamless it worked on my new laptop. Everything just worked out of the box, the only thing I had to do was provide my windows credentials (benefits of that sort of integration). That being said, I've not tried to access those same files from my phone. Maybe that's worse. Dropb…
Most people probably won't notice the difference because the alternatives are good enough now. But if you have millions of files in deep folders, constant changes from multiple devices, or need instant syncing, then Dropbox is still worth the premium for the performance.
1. https://office365itpros.com/2020/04/28/onedrive-differential... 2. https://dropbox.tech/infrastructure/rewriting-the-heart-of-o...