Another round of tech layoffs is hitting San Francisco.
Dropbox
Dropbox filed a notice with the state on Wednesday for 57 permanent layoffs at its headquarters at 50 Hawthorne St., effective Nov. 18, the San Francisco Chronicle reported. Worldwide, the company is eliminating about 200 roles in engineering, product, design and general and administrative teams. That is roughly 9% of its global workforce.
In an email posted on the Dropbox blog, co-CEO Ashraf Alkarmi said the company is profitable but needs to put its resources toward its top product and growth priorities. "That means making hard choices about where we invest, how we're organized, and what work we simplify, scale back, or stop," he wrote. For most affected employees, the announcement day was their last day.
Departing employees are eligible for 16 weeks of pay plus one more week for each full year at the company, according to the email. Alkarmi also said Chief Technology Officer Ali Dasdan has decided to leave. His last day is Nov. 18.
Front
Front makes customer service and business communications software. It filed a notice Tuesday for 53 permanent layoffs at its San Francisco office, the Chronicle reported. CEO Dan O'Connell called it "an incredibly painful day" in a LinkedIn post. He said the company made the decision "to build a more sustainable business." Front has not said how many people were affected company-wide. It says it serves more than 9,300 businesses.
The bigger picture
The cuts follow a September wave of Bay Area tech layoffs. Companies disclosed 1,196 job cuts in the first part of that month, including 441 at Oracle, 390 at Uber and 251 at PayPal, the Chronicle reported. See our September layoffs roundup.