“Twilio to lay off about 1,500 employees, or 17% of its workforce”
February 13, 2023
“Twilio on Monday announced plans to cut around 17% of its workforce, or roughly 1,500 jobs based on the 8,992 employees reported as of Sept. 30, 2022, in a company filing with the Securities and Exchange Commission. Twilio announced the layoffs in a blog post shared on its website.
The announcement came after the cloud communications software maker already laid off around 11% of its workforce as part of a restructuring plan in September.
In an email Monday to employees, CEO Jeff Lawson said the additional cuts were driven by the need to reorganize Twilio in order to succeed. “These changes hurt,” he wrote. “The weeks ahead will be about processing all this change and working together to acclimate to our new structure.”…”
https://www.cnbc.com/2023/02/13/twilio-layoffs-1500-employees-17percent-of-workforce.html