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Briefing
cloud enterprise

Twilio Lays off 11% in Push for Profitability

By
Kevin McLaughlin
· · Source: The Information

Twilio is laying off 11% of its workforce of roughly 8,000 employees as part of a restructuring aimed at reducing operating costs and boosting profit margins, the company revealed in a filing. The job cuts illustrate the challenges Twilio faces in expanding beyond its core business of services that let developers add voice and messaging features to applications. These services require Twilio...

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