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: enterprise, business, breaking news: technology, ebay inc, media, zoom video communications inc, technology, dell technologies inc, layoffs, twilio inc, business news,
Source: https://www.cnbc.com/2023/02/13/twilio-layoffs-1500-employees-17percent-of-workforce.html