Twilio Lays Off 11% of Workers, Saying Head Count Grew Too Fast

Twilio mentioned it’s shedding 11% of its workforce as a part of a restructuring for the cloud-communications firm.

Twilio Chief Govt Jeff Lawson mentioned in a letter to the workers that the corporate’s head depend had grown too quick because it tried to fulfill its profitability targets and pursued initiatives that didn’t fall inside the firm’s priorities.