1,500 staff, 17% of workforce

Twilio on Monday introduced plans to chop round 17% of its workforce, or roughly 1,500 jobs based mostly on the 8,992 staff reported as of Sept. 30, 2022, in an organization submitting with the Securities and Alternate Fee. Twilio introduced the layoffs in a weblog submit 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 electronic mail to staff, CEO Jeff Lawson mentioned the extra cuts have been pushed by the necessity to reorganize Twilio with the intention to succeed.

“These adjustments damage,” Lawson wrote. “The weeks forward can be about processing all this alteration 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 turn into extra environment friendly. One unit, Twilio Information & Functions, can be led by Elena Donio, and the second unit, Twilio Communications, can be led by Khozema Shipchandler. Lawson mentioned that when executives have been these two enterprise items, it was clear the corporate had gotten “too large,” significantly in communications.

Lawson mentioned it’s clear that Twilio wanted to hold out “important structural adjustments” with the intention 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 suitable form to succeed,” he mentioned.

Twilio is one among greater than a dozen tech firms to announce layoffs in latest months. Final week, Dell, Zoom and eBay disclosed important cuts to their workforce. In January, Google revealed plans to put off greater than 12,000 staff, Microsoft introduced plans to chop 10,000 staff and Salesforce mentioned it deliberate to lay off 7,000 staff.