Was 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.
Is this a move to further reduce cost by rehiring in less-expensive locations? I imagine engineering functions will also be affected.
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 sent by their boss.
Normal employees don't tend to have these options, but executives are so high profile that it seems to be an informalized practice for both company and executive to save face. It's hard to worry about them too much though because their exit package is likely more than than most of us could make given ten years.