Twilio to
lay
off 11% of workforce
Twilio promises ‘anti-racist’ layoffs as CEO says 11% job cuts won’t hit workers from ‘marginalized communities’ more than others
Twilio will lay off 11% of its workforce as part of a major restructuring plan, according to a filing.
The plan will aim to improve operating margins,
create a better selling capacity and reduce operating costs.
Twilio had 7,867 employees as of Dec. 31, 2021.
Twilio to
lay
off 11% of workforce
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