![]() A number of unicorn startups, worth over $1 billion, including Evernote, Jawbone, and Tango, have all gone through some form of cost cuts, whether layoffs, office closures, or reduced employee perks. Dropbox declined to comment.ĭropbox isn't the only high-profile startup to unleash a company-wide cost-cutting campaign lately. At that scale, any kind of cost savings would help improve its bottom line. Based on Dropbox's roughly 1,500 headcount, that would translate to about $38 million a year. The company wrote in the email that employee perks in total have been costing Dropbox at least $25,000 a year for each employee. Those changes will have a direct impact on Dropbox's profitability. (Previously it was unlimited, a big perk given its open bar on Fridays.) and limiting the number of guests to five a month. In a company-wide email in March, Dropbox said it was cancelling its free shuttle in San Francisco and its gym washing service, while pushing back dinner time by an hour to 7 p.m. ![]() Account icon An icon in the shape of a person's head and shoulders. ![]()
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