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Why Twilio Stock Is Up Today

The company announced a second round of layoffs as it attempts to realign its business for the current environment. Read More...

American City Business Journals

Twilio plans big layoff, closing some offices

Another San Francisco tech company has just announced big layoffs. In a U.S. Securities and Exchange Commission filing on Monday, Twilio on Monday detailed plans to cut around 17% of its workforce — approximately 1,500 jobs as of Sept. 30. Twilio is also closing some offices as it shifts to a remote-work culture, CEO Jeff Lawson told the Wall Street Journal.

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