India, Oct. 29 -- Dropbox will eliminate about 200 jobs across its global workforce as it shifts investment towards its product and growth priorities.

The company announced the workforce reduction on October 28, alongside the planned departure of Chief Technology Officer (CTO) Ali Dasdan.

In a memo to employees published on Dropbox's official blog, co-CEO Ashraf Alkarmi said the cuts would affect Engineering, Product, Design and General and Administrative (G&A) teams.

The company also disclosed the restructuring in a US Securities and Exchange Commission (SEC) Form 8-K filing. Most affected employees were told that October 28 would be their last day.

Dropbox estimates that the job cuts will result in total cash expenditures of USD27 m...