Shares of Twilio Inc. (TWLO) rallied 2.8% in morning trading Monday, after the communications software company disclosed that it will lay off 17% of its employees as part of a plan to cut costs, streamline its business and become more efficient. The company also said it was forming two business units, Twilio Communications and Twilio Data & Applications. Read More...
Shares of Twilio Inc. (TWLO) rallied 2.8% in morning trading Monday, after the communications software company disclosed that it will lay off 17% of its employees as part of a plan to cut costs, streamline its business and become more efficient. The company also said it was forming two business units, Twilio Communications and Twilio Data & Applications.
