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Dropbox, Inc. (DBX) Q4 2020 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. Dropbox, Inc. (NASDAQ: DBX) Good afternoon, ladies and gentlemen. Thank you for joining Dropboxs fourth-quarter 2020 earnings conference call. [Operator instructions] As a reminder, this conference call is being recorded and will be available for replay from the Investor Relations section of Dropboxs website following this call. I will now t...

On an adjusted basis, the company earned 28 cents per share, above the average analyst estimate of 24 cents

Dropbox Inc said on Thursday it would sublease some of its office spaces as the file hosting service transitions to a remote working model.... | February 23, 2021

Get Rating). These IT giants are better positioned to gain from the trend because of their attractive tariffs and advanced security. Microsoft Corporation ( Get Rating) Founded in 1975, MSFT is one of the most prominent and successful players in the technology industry. It operates through three segments — Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The company’s products have thrived during the pandemic,  buoyed by demand for internet-based softwar...

Dropbox Inc on Wednesday announced the exit of operations chief and said it will cut 11% of its global workforce, or 315 people, as the file hosting service provider shifts business resources in... | January 14, 2021

COO Olivia Nottebohm also set to depart next month

The cloud storage company, Dropbox, is going to lay-off 315 of its employees and it looks to grow over the coming years. The CEO said that redundancies are not a reflection on the workers.

Along with the changes, COO Olivia Nottebohm is stepping down from her role.

Document sharing and storage company Dropbox announced on Wednesday that it will lay off 315 employees globally as the company repositions "to create a healthy and thriving business for the future."

The move will affect 315 people, who will be notified by the end of the business day.