Dropbox plans to pay $79 million to shrink its huge SF office, after CEO says the RTO push will fail

• Dropbox will pay $79 million to give up 165,000 square feet of office space at its San Francisco HQ.
• The company switched to remote working during the pandemic and workers now follow a '90/10' routine.
• CEO Drew Houston has backed remote working, and said the return-to-office push is doomed to fail. 

Dropbox is spending $79 million to give up a quarter of its San Francisco headquarters, as it continues to bet that remote working is here to stay.