BARCELONA, SPAIN – MARCH 01: Jeff Lawson, founder, CEO and chairman of Twilio, speaks at a press convention through the Cellular World Congress on March 1, 2017 in Barcelona, Spain.
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Twilio on Monday introduced plans to chop round 17% of its workforce, or roughly 1,500 jobs primarily based on the 8,992 workers reported as of Sept. 30, 2022, in an organization submitting with the Securities and Trade Fee. Twilio introduced the layoffs in a weblog publish shared on the corporate’s web site.
The announcement got here after the cloud communications software program maker already laid off round 11% of its workforce as a part of a restructuring plan in September.
In an e mail to workers, CEO Jeff Lawson mentioned the extra cuts have been pushed by the necessity to reorganize Twilio with a view to succeed.
“These modifications damage,” Lawson wrote. “The weeks forward will probably be about processing all this variation and dealing collectively to acclimate to our new construction.”
Lawson mentioned Twilio is forming two enterprise items to assist the corporate spend much less and develop into extra environment friendly. One unit, Twilio Knowledge & Functions, will probably be led by Elena Donio, and the second unit, Twilio Communications, will probably be led by Khozema Shipchandler. Lawson mentioned that when executives have been these two enterprise items, it was clear the corporate had gotten “too massive,” notably in communications.
Lawson mentioned it’s clear that Twilio wanted to hold out “vital structural modifications” with a view to higher execute its technique.
“It’s painful to half methods with so many proficient folks – nevertheless it’s essential to get our two companies into the proper form to succeed,” he mentioned.
Twilio is certainly one of greater than a dozen tech firms to announce layoffs in latest months. Final week, Dell, Zoom and eBay disclosed vital cuts to their workforce. In January, Google revealed plans to put off greater than 12,000 employees, Microsoft introduced plans to chop 10,000 workers and Salesforce mentioned it deliberate to lay off 7,000 employees.
