• Dropbox co-CEO Ashraf Alkarmi announced layoffs of roughly 200 workers.
• Alkarmi said the cloud-based storage company is profitable but needs to make "hard choices."
• You can read his full email to employees below.

Dropbox is dropping the layoffs hammer.

Dropbox co-CEO Ashraf Alkarmi announced on Wednesday that the cloud-based storage company is laying off roughly 9% of its global workforce.

"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," Alkarmi wrote in an email to workers that the company posted publicly.

Alkarmi said Dropbox is eliminating roughly 200 roles across its across Engineering, Product, Design, and G&A team. The company, Alkarmi wrote, is profitable but needs to make "hard choices" about where it spends its money.

"Delivering on that strategy requires concentrating our resources on the priorities that will have the greatest potential for customer impact and growth," he wrote.

As part of the changes, Alkarmi also announced that chief technology officer Ali Dasdan will be stepping down.

Read the full email

Hi everyone,

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. 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.

S-team and I take full ownership of this decision and recognize that these colleagues have made meaningful contributions to Dropbox, our products, our customers, and our teams. Our first priority today is to treat every person affected with the care and respect they deserve.

Changes to Senior Leadership

I also want to share that Ali Dasdan has decided to move on from Dropbox. During his time here, Ali led and strengthened many of the technical capabilities we'll rely on as we move into the next phase of our transformation. I'm grateful for his leadership, his partnership, and the foundation he and the team have put in place. Ali's last day is November 18th, and he'll be focused on ensuring a smooth transition through next month. We wish him all the best in what comes next.

Why we're making these changes

Our business is profitable, and we've built real momentum this year. Our two-year strategy sets a clear direction for growth: solving more of our customers' critical workflows; reaching more of our chosen customers, including larger companies; and bringing our technology to new markets.

Delivering on that strategy requires concentrating our resources on the priorities that will have the greatest potential for customer impact and growth.

That means making hard choices about where we invest, how we're organized, and what work we simplify, scale back, or stop. Those choices include the difficult decision to reduce the size of our team.

How we'll prioritize going forward

In order to be successful, we can't take the same work and spread it across fewer people. We'll streamline teams and concentrate support and resources against product areas that have the highest impact on our customers and Dropbox as a business.

Taking care of impacted employees

To those leaving Dropbox, we're committed to supporting you through this transition. Departing Dropboxers are eligible for a severance package in line with the following:

Severance, equity, and transition support:

Sixteen weeks of pay beginning today, plus one additional week for each completed year at Dropbox. International packages will reflect local practices and legal requirements

Q4 equity vesting

For employees on the Corporate Bonus plan, a prorated lump-sum payment based on their 2026 bonus target

Immigration support for impacted visa holders

Healthcare and well-being:

U.S. employees will receive six months of COBRA subsidy, if elected and eligible

Modern Health access will continue through the end of the separation month to support mental well-being, with extension options detailed in severance packages

Payment for eligible current and approved upcoming paid leaves, including medical and family leave

Additional support:

Devices: Impacted employees will be eligible to keep (1) Dropbox laptop, (1) mobile device if assigned, and all existing desktop peripherals

Job placement: Job placement services and career coaching will be available at no cost

What comes next

Right now, our focus is on the colleagues who are leaving Dropbox. Please give them the space and support they need.

And to everyone leaving Dropbox: thank you. Your work to build our capabilities, serve our customers, and contribute to our culture has been deeply meaningful. I'm grateful for everything you've contributed.

Ashraf

Vladimir Putin has a theory of victory in Ukraine. It’s not the Russian president’s first theory – that was a quick, dayslong campaign – nor his second or third, which involved different land offensives in the east that quickly petered out. Instead, Putin’s latest hypothesis is that the relentless bombing of Ukrainian cities will impose […]

The post Polling: scorched earth isn’t driving Ukrainians to sue for peace appeared first on Asia Times.

Portugal ocupa a 21.ª posição num ‘ranking’ de 30 países na avaliação da sua imagem e reputação, mantendo um desempenho classificado como “moderado”, revela o estudo anual da consultora OnStrategy divulgado esta terça-feira.

De acordo com o documento, a reputação da marca Portugal regista uma pontuação global de 61,7 pontos numa escala de 100, sendo mais favorável junto do público externo (62,6 pontos) do que do público interno (60,9 pontos).

A avaliação revela que os principais “embaixadores” do país são os turistas e os líderes empresariais, quer nacionais quer internacionais. Em sentido oposto, os cidadãos nacionais (59,1 pontos) e os emigrantes (58,2 pontos) surgem como os principais potenciais detratores da imagem do país.

Entre os vários atributos analisados, o item “Beleza, Valores, Cultura e Tradições” é o único a atingir o patamar de “excelência” (mais de 80 pontos) tanto para o público interno (89,8 pontos) como para o externo (82,6 pontos).

Por outro lado, a “Exposição, Comunicação e Relevância Internacional” continuam a ser apontadas como os fatores mais vulneráveis pelos inquiridos externos. No caso do público interno, juntam-se às fragilidades áreas como o “Ambiente Político e Económico”, “Governo e Ética”, “Liderança e Visão” e “Segurança e Estilo de Vida”.

No plano regional, apenas Lisboa, Porto, Madeira e Algarve (Faro) recolhem consenso como ativos impulsionadores da imagem do país, com destaque para o Porto (88,0 pontos internamente) e Lisboa (78,9 pontos externamente). A OnStrategy assinala que, de forma geral, as regiões dependem mais da marca Portugal para a sua projeção do que o inverso, sobretudo no mercado externo.

Ao nível dos setores de atividade, o Turismo, a Alimentação e Bebidas e o Desporto sobressaem como os principais motores da reputação nacional. Entre as marcas corporativas e comerciais, Cristiano Ronaldo, as regiões de Lisboa e Algarve, a Vista Alegre, o Porto, a Madeira, o SL Benfica e a Delta figuram entre os raros nomes reconhecidos como embaixadores internacionais do país.

O estudo calcula ainda o valor financeiro da marca Portugal em 257,1 mil milhões de euros, o equivalente a 83,3% do Produto Interno Bruto (PIB) nacional. Enquanto o PIB português cresceu 6% entre 2024 e 2025, o valor financeiro da marca registou uma progressão de apenas 0,8%.

Na tabela global liderada pelos Estados Unidos (73,7 pontos), China (73,3) e Japão (72,1), Portugal (61,7) surge à frente de países como a África do Sul (61,2), Polónia (60,9), Índia (60,1) e Grécia (58,7).

O trabalho de campo da OnStrategy decorreu durante o primeiro semestre de 2026, envolvendo mais de 140 mil inquiridos em 30 países, no âmbito de metodologias em conformidade com as normas internacionais.

There appears to be little prospect of lasting peace between Iran and the United States while Donald Trump remains in the White House. This is a view that an increasing number of serious actors across the region now seem to share. Eight months into the Iran war, Washington has neither broken Tehran’s resolve nor found […]

The post Why the Middle East is already waiting out Trump’s presidency appeared first on Asia Times.

The Russians are struggling on land and at sea, and are having real difficulty protecting themselves from Ukrainian long-range attack. That has left them with one real strategic “advantage” and that is what we will see the next few months. As reports this week made clear, the Russian strategy is now to make Ukraine unlivable, […]

The post Russia’s new strategy aims to make Ukrainian cities unlivable appeared first on Asia Times.

Par Vincent Clairmont

Troisième exercice de transparence depuis l'article de doctrine du 24 mai. La part valorisable de l'allocation est repassée en territoire positif après le bilan négatif de juillet. Je publie le tableau, puis je publie le calcul qui en annule l'essentiel. Aucun pourcentage ne bouge.

LE COURRIER
DES STRATÈGES

Restez libre !

LA NEWSLETTER · GRATUITE

Le Courrier,
chaque matin.

L'essentiel de l'actualité, passé au crible par les cinq plumes du Courrier. Dans votre boîte, chaque jour ouvré.

Gratuit. Vous restez libre de partir quand vous voulez.

JE M'INSCRIS lecourrierdesstrateges.fr

lecourrierdesstrateges.fr

Restez libre !

Entre le 29 mai et le 2 octobre 2026, soit 126 jours, l'once d'or est passée de 4 460 à 4 143,66 dollars, soit −7,09 %. Le Bitcoin est monté de 73 500 à 86 000 dollars, soit +17,01 %. Le bon du Trésor américain à trois mois rendait 4,00 % le 1^er octobre, contre 3,75 % fin mai. Et l'euro s'est déprécié face au dollar, de 1,1644 à 1,1225.

Je reprends l'exercice dans l'ordre du bilan de juillet : ce que la doctrine a modifié, ce que l'allocation a produit, et ce que le chiffre cache.

LE COURRIER
DES STRATÈGES

Restez libre !

ABONNEMENT

Allez au fond
des choses.

Deux grands formats par jour. Les cinq plumes du Courrier. La série Sécession, le dimanche.

Le monde commente. Vous, vous comprenez.

S'ABONNER lecourrierdesstrateges.fr

lecourrierdesstrateges.fr

Restez libre !

1. Ce qui a bougé dans la doctrine : aucun pourcentage, une clarification

L'allocation de référence du 24 mai — 30 % or physique, 25 % T-bills, 20 % foncier de qualité, 5 % devises tierces pour la branche sûre ; 10 % Bitcoin, 5 % options longues, 5 % capital-risque pour la branche risquée — n'a pas varié d'un point depuis le 29 mai. Les quatre règles d'exécution posées en juin et juillet tiennent : les deux axes, l'épargne de précaution hors Barbell, le DCA accéléré sur correction de plus de 10 %, le rééquilibrage daté de janvier 2027.

Une seule chose s'est ajoutée, le 27 septembre puis le 4 octobre, et elle est négative : j'ai maintenu 0 % d'obligations souveraines de la zone euro alors que l'OAT à dix ans passait de 4,66 % à 4,92 %. C'est une position qui coûte visiblement de l'argent, et je la réaffirme ici pour qu'on ne puisse pas dire plus tard qu'elle a été discrètement abandonnée.

LE COURRIER
DES STRATÈGES

Restez libre !

ABONNEMENT

Allez au fond
des choses.

Deux grands formats par jour. Les cinq plumes du Courrier. La série Sécession, le dimanche.

Le monde commente. Vous, vous comprenez.

S'ABONNER lecourrierdesstrateges.fr

lecourrierdesstrateges.fr

Restez libre !

2. Le bilan chiffré, sur un portefeuille de 100 000 euros

Valorisation au 2 octobre 2026 pour une entrée au 29 mai, aux taux de référence de la Banque centrale européenne.

3. Lecture poste par poste

L'or supporte encore la perte, mais moins qu'en juillet. En dollars, le métal recule

The European Parliament has backed calls for an EU-wide strategy to tackle worsening shortages of healthcare professionals, including an ambition to increase the health workforce by one million, as doctors, nurses, pharmacists and dentists urged the European Commission to turn the recommendations into concrete action.

The own-initiative report, led by MEPs Loucas Fourlas (EPP, Cyprus) and Ruggero Razza (ECR, Italy), warns that shortages of doctors, nurses, carers and other professionals are becoming structural, driven by ageing populations, rising demand for care and persistent burnout...