Twilio said it is laying off about 17% of its employees, its second round of job cuts in about five months, and reducing certain employee perks as the cloud-communications company moves to give priority to profit over growth. Chief Executive Jeff Lawson said Monday that the company is reorganizing into two business units: Twilio Communications and Twilio Data & Applications. Twilio had 8,992 employees on Sept. 30, 2022, before the impact from its first round of layoffs, up from 3,060 employees on March 31, 2020, according to regulatory filings. Read More...
Twilio said it is laying off about 17% of its employees, its second round of job cuts in about five months, and reducing certain employee perks as the cloud-communications company moves to give priority to profit over growth. Chief Executive Jeff Lawson said Monday that the company is reorganizing into two business units: Twilio Communications and Twilio Data & Applications. Twilio had 8,992 employees on Sept. 30, 2022, before the impact from its first round of layoffs, up from 3,060 employees on March 31, 2020, according to regulatory filings.
