Friday, 24 March, 2023

Twilio Announces Second Round of layoffs, Cutting 17% of Workforce

<p>Cloud communications platform Twilio is laying off 17% of its workforce just months after a previous round of layoffs. The company cited changing market conditions and the need to realign resources to better focus on its core business. Despite the layoffs, Twilio reported strong earnings in its most recent financial results, with revenue up 37% year-on-year. The company plans to provide severance packages and support to affected employees.</p>