Twilio Plans to Cut 17 Percent of Staff in 2nd Wave of Layoffs
Twilio, a cloud-communications software maker, says it’s laying off about 17 percent of its overall workforce, according to a company blog post.
CEO Jeff Lawson wrote that the latest round of job cuts is necessary to reorganize the tech firm; he acknowledged that while “these changes hurt,” they are needed to ensure the business is successful.
The latest round of layoffs might affect about 1,500 employees, based on about 8,992 employees that the company said it had in September 2022.
“It is painful to part ways with so many talented people—but it’s necessary to get our two businesses into the right shape to succeed,” he wrote….