News > Twilio lays off 11% of its staff as it aims for profitability in 2023
Twilio lays off 11% of its staff as it aims for profitability in 2023
15/09/2022 07:52 PM | Click to read full article
Twilio today announced that it will lay off 11% of its workforce — between 800 and 900 people across its staff of over 7,800 — as the customer engagement platform looks to rein in costs during the broader economic downturn.
In a message to staff, CEO Jeff Lawson called the layoffs “wise and necessary,” blaming them partially on Twilio’s rapid growth over the last several years and “[lack of focus]” on key priorities.