Twilio just announced that it will be conducting a round of layoffs that will impact around 17% of its global workforce. The company will also restructure its internal organization and create two business units — Twilio Communications and Twilio Data & Applications.
Today’s news must be particularly difficult for Twilio employees as the company already conducted a round of layoffs in September, 2022. At the time, the company announced that it would lay off 11% of its staff.
According to Twilio’s latest earnings release, the company had 8,992 employees as of September 30, 2022 and expected to lay off 816 employees for the 2022 round of layoffs. Based on these figures, around 1,400 people will be impacted by this year’s layoffs.
“We have to spend less, streamline, and become more efficient. To do that, we’re forming two business units: Twilio Communications and Twilio Data & Applications. And today, I’m unfortunately bearing the news that