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Twilio to lay off about 1,500 employees, or 17% of its workforce - TL;DR CNBC

Twilio to lay off about 1,500 employees, or 17% of its workforce

Publishing timestamp: 2023-02-13 16:00:15


Summary

Twilio announced plans to cut around 17% of its workforce, or roughly 1500 jobs. This announcement came after the cloud communications software maker already laid off around 11% of its workforce as part of restructuring plan in September. Other tech companies such as Dell, Zoom, eBay, Google, Microsoft, and Salesforce have also announced significant layoffs in recent months. CEO Jeff Lawson said that the additional cuts were driven by the need to reorganize Twilio in order to succeed.


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Keywords: enterprisebusinessbreaking news: technologyebay incmediazoom video communications inctechnologydell technologies inclayoffstwilio incbusiness news

Source: https://www.cnbc.com/2023/02/13/twilio-layoffs-1500-employees-17percent-of-workforce.html


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