Twilio to lay off about 1,500 employees, or 17% of its workforce

Twilio connected Monday announced plans to chopped astir 17% of its workforce, oregon astir 1,500 jobs based connected the 8,992 employees reported arsenic of Sept. 30, 2022, successful a company filing with the Securities and Exchange Commission. Twilio announced the layoffs successful a blog station shared connected the company's website.

The announcement came aft the unreality communications bundle shaper already laid disconnected astir 11% of its workforce arsenic portion of a restructuring program successful September.

In an email to employees, CEO Jeff Lawson said the further cuts were driven by the request to reorganize Twilio successful bid to succeed.

"These changes hurt," Lawson wrote. "The weeks up volition beryllium astir processing each this alteration and moving unneurotic to acclimate to our caller structure."

Lawson said Twilio is forming 2 concern units to assistance the institution walk little and go much efficient. One unit, Twilio Data & Applications, volition beryllium led by Elena Donio, and the 2nd unit, Twilio Communications, volition beryllium led by Khozema Shipchandler. Lawson said that erstwhile executives were looking astatine these 2 concern units, it was wide the institution had gotten "too big," peculiarly successful communications.

Lawson said it is wide that Twilio needed to transportation retired "significant structural changes" successful bid to amended execute its strategy.

"It is achy to portion ways with truthful galore talented radical – but it's indispensable to get our 2 businesses into the close signifier to succeed," helium said.

Twilio is 1 of much than a twelve tech companies to denote layoffs successful caller months. Last week, Dell, Zoom and eBay disclosed important cuts to their workforce. In January, Google revealed plans to laic disconnected much than 12,000 workers, Microsoft announced plans to cut 10,000 employees and Salesforce said it planned to lay disconnected 7,000 workers.