This is the second round of layoffs at the company, following cuts announced in September. Related: Twilio to lay off 17% of its employees to cut costs, while providing upbeat Q4 guidance "And that's why we're also letting go of some colleagues today." "When we look at these two business units on their own, it's clear that we've gotten too big, especially in Communications," Lawson wrote. In a letter to employees, Twilio CEO Jeff Lawson said the company was forming two business units, Twilio Communications and Twilio Data & Applications.
The layoffs come amid a restructuring effort at Twilio. Based on the company's latest annual report, that would suggest that more than 1,300 employees will be laid off. (TWLO) disclosed that it will lay off about 17% of its workforce. Here's a look at the list of big names across a number of sectors that have been cutting back their workforces.Ĭommunications-software company Twilio Inc. More than 101,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi. has joined Zoom, eBay, Okta, Splunk, PayPal, IBM, SAP, Spotify, Alphabet, Intel, Microsoft, Coinbase, Cisco, Amazon, Salesforce, HP, Roku, Beyond Meat, Meta and Twitter in announcing major layoffs in recent months.
More than 101,000 global technology-sector employees have been laid off since the beginning of 2023
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