Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
ButterflyEffect · 2908 days ago · link · · parent · post: Dropbox cut a bunch of perks and told employees to save more as Silicon Valley startups brace for the cold
That's absurd. Imagine telling someone making minimum wage "yeah, see all these guys at this start-up? The food/beverage benefit of their workplace is worth more than your yearly wage.".Those changes will have a direct impact on Dropbox's profitability. The company wrote in the email that employee perks in total have been costing Dropbox at least $25,000 a year for each employee. Based on Dropbox's roughly 1,500 headcount, that would translate to about $38 million a year. At that scale, any kind of cost savings would help improve its bottom line. Dropbox declined to comment.