Fall in share-related payments to staff at Dropbox’s Irish office
The firm announced it was culling 11 per cent of its workforce in order to weather tough economic conditions
The total value of share-related payments to Irish employees at Dropbox, the online storage company, dropped from $12.4 million to $5.3 million in 2019.
The reduction reflected the impact of the parent company’s flotation on the stock exchange in 2018, which produced a windfall for its 161 Irish employees at the time.
The company gives two types of share-based payments, share options and restricted stock units (RSUs). The company has declined to issue any new share options to...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Dalata chief executive steps down as hotel group suffers €101m losses
Pat McCann will resign after Ireland’s largest hotel chain sees revenue fall by 68 per cent in 2020 due to pandemic
Complaint against Boohoo in US over ‘forced labour’ allegations
The US Customs and Border Protection agency is considering a complaint made by a charity against the fast-fashion company
Irish firms could face fines of up to €10m for failure to prevent cyberattacks
Department of Communications running public consultation process on EU’s plans to toughen cyber security rules
Carney a ‘good friend’ to Ireland after banking crash
The newest appointee to the board of Stripe was Bank of Canada governor when he helped the shell-shocked government cope with the disaster