Cloud communications software company Twilio (NYSE: TWLO), which has a presence in Denver, laid off 11% of its workforce this week after growing "too fast" over the last two years, CEO Jeff Lawson said. In a letter to Twilio employees Wednesday, Lawson said the company needed to refocus on profitability. The layoffs would help Twilio to run more efficiently and better align the company's investments with its priorities, he wrote. Read More...
Cloud communications software company Twilio (NYSE: TWLO), which has a presence in Denver, laid off 11% of its workforce this week after growing “too fast” over the last two years, CEO Jeff Lawson said. In a letter to Twilio employees Wednesday, Lawson said the company needed to refocus on profitability. The layoffs would help Twilio to run more efficiently and better align the company’s investments with its priorities, he wrote.
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