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Tech layoffs piling up as Bay Area companies slash 100+ workers

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Source: New York Post

San Francisco’s tech industry is taking another beating, with more than 100 workers getting the boot this week as two major companies announced fresh rounds of layoffs. Dropbox and customer-service startup Front axed a combined 110 jobs at their San Francisco operations, adding to a brutal year of tech industry cuts across the Bay Area. “Today, we’re making difficult choices about where we invest and how we organize Dropbox to achieve the product and growth priorities that will matter most for our long-term strategy,” Dropbox co-CEO Ashraf Alkarmi said Wednesday. “As part of these changes, we’ve made the decision to eliminate about 200 roles across Engineering, Product, Design, and G&A teams (approximately 9% of our global workforce). For most impacted Dropboxers, today will be their last day,” he continued. The cloud storage giant announced it would eliminate 57 positions in San Francisco, with the cuts taking effect Nov. 18.

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Read the original at New York Post

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