Dropbox plans to cut its global workforce by about 9%, the company said in a filing with the Securities and Exchange Commission. The file storage company said the cuts will align its spending and teams with its top product and growth goals. Silicon Republic reported that about 200 people will lose their jobs.

Dropbox estimates the cuts will result in total cash expenditures of about $27 million to $33 million, the filing says. Most of that is for severance payments, employee benefits and related costs. The company expects to book nearly all of the added expense, and pay most of the cash, in the fourth quarter of 2026, with the rest in 2027, the filing says.

The filing also says "Ali Dasdan, Chief Technology Officer of Dropbox, will step down from the Company effective on November 18, 2026." He will get a pro rata bonus of $515,000 and a lump sum payment of about $1.3 million, according to the filing.

Reuters, in a report carried by CNA, said Dropbox had 2,113 full-time employees as of December 31. Co-CEO Ashraf Alkarmi announced the cuts to staff, the company said on its blog.

In a memo to staff, Alkarmi said the company was "making difficult choices about where we invest," Silicon Republic reported. "We can't take the same work and spread it across fewer people," he wrote. The cuts hit engineering, product, design and administrative roles, the outlet reported.

Affected workers will get 16 weeks' pay plus one more week for each year at Dropbox, Silicon Republic reported. Dropbox laid off more than 500 workers two years ago, the outlet said.

Dropbox also said it expects third-quarter results to meet or beat its guidance for revenue and operating margin. It plans to report those results on November 5, the filing says.

What we know: Dropbox is cutting about 9% of its staff, and its Chief Technology Officer is leaving.
What we don't: Which offices and countries the job cuts will affect.