Twilio

2022 - 9 - 15

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Image courtesy of "CNA"

Twilio to cut staff by 11% to rein in costs, lift margins (CNA)

Twilio Inc said on Wednesday it plans to cut its staff by nearly 11 per cent as the cloud communications platform joins other tech companies in reducing ...

The company faced a cyber attack last month that compromised data of about 163 customers. Employee count jumped to 7,867 by the end of 2021 from 4,629 in 2020. Advertisement

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Twilio to lay off 11% of workforce (CNBC)

Twilio will lay off 11% of its workforce as part of a major restructuring plan, according to a filing.

It was too fast, and without enough focus on our most important company priorities," Lawson said in the letter. He said the decision was "extremely difficult," but also "wise and necessary." [Twilio](//www.cnbc.com/quotes/TWLO) will lay off 11% of its workforce as part of a major restructuring plan, according to an [SEC filing published](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001447669/000119312522244315/d380990d8k.htm) Wednesday.

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Twilio to Cut 11% of Staff After Growing 'Too Fast' (Bloomberg)

Twilio Inc., a maker of customer communication and marketing software, said it will cut about 11% of jobs and restructure the company in a push for ...

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Twilio lays off 11% of workforce (Human Resources Director)

Twilio has joined the growing list of American employers reducing headcount ahead of an anticipated recession. The San Francisco-based company will lay off ...

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Twilio Lays Off 11 Percent Of Workforce; CEO Says Cuts 'Wise And ... (CRN)

Twilio layoffs to hit 800 to 900 employees with CEO Jeff Lawson saying the firings are necessary to reach profitability and further its customer engagement ...

And to support your colleagues,” he said. “I take responsibility for choosing to grow our team faster and to pursue many priorities beyond these four priorities over the recent years. And now, I also own the decision to become more focused, resulting in this layoff,” he said. I take responsibility for those decisions, as well as the difficult decision to do this layoff.” This discipline requires us to ask if our investments are getting us where we need to go,” Lawson said. “I’m not going to sugarcoat things.

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Twilio to cut 11% of staff after 'rigorous selection process' (Marketing Interactive)

The customer engagement platform expects to incur about US$70 to US$90 million in charges in connection with the restructuring plan.

Twilio posted GAAP loss from operations of US$311.9 million for the second quarter of 2022, compared with GAAP loss from operations of US$202.3 million for the second quarter of 2021. Lawson previously said that based on its results and what it is currently seeing, the company remained confident in its growth trajectory. Employees in the US and in most regions will be able to remain on company payroll while searching for their next role, whether it be inside or outside Twilio. I take responsibility for those decisions, as well as the difficult decision to do this layoff," Lawson added. "Twilio has grown at an astonishing rate over the past couple of years. They are investing in Twilio's platform reliability and trust, increasing the profitability of messaging, accelerating Segment adoption, and scaling the Flex customer base.

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Twilio Released A First-Of-Its-Kind Report On Nonprofit Digital ... (Forbes)

I sat down with Erin Reilly, Twilio's Chief Social Impact Officer, to discuss these findings and learn how tech nonprofits are using digital communications to ...

These partnerships will fast-track nonprofits on the path to developing digital programming, and ultimately, magnifying their impact. Speaking of growth, there’s a generation of tech nonprofits on the brink of massive scale. We anticipate that more and more nonprofits will leverage digital technology to expand their reach, which will redefine how - and at what scale - nonprofits deliver support. What are some of the ways nonprofits are innovating with digital communications? Bringing on technical talent is critical to tech nonprofits’ ability to scale their reach - yet doing so is one of the biggest challenges they face. Reilly: Nonprofits are using digital communications to reach people in need where they are - on their devices. And the reality is, nonprofits need more developers. Collectively, they point to a sector-wide shift towards nonprofits strategically using tech as a lever to serve more people. We found that 65% of engagement between nonprofits and their beneficiaries is digital, compared to 55% of for-profit B2C companies. In fact, our research finds that nonprofits are ahead of the curve on digital innovation. One key insight is that nonprofits actually outpace the private sector in digital engagement. Twilio is the engine behind some of the world’s most innovative nonprofits, and earlier this year they released a first-of-its-kind report on the digital transformation of nonprofits: [The State of Nonprofit Digital Engagement Report 2022](https://www.twilio.org/sonder-2022/).

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Twilio lays off 11% of its staff as it aims for profitability in 2023 (TechCrunch)

Lawson says Twilio's talent acquisition team will create a list that laid-off employees can opt into, to be shared with other companies that may be hiring and “ ...

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Twilio to cut staff by 11%, restructure after rapid expansion | Mint (Livemint)

In a letter to its employees, Jeff Lawson, the chief executive officer, said, 'Twilio has grown at an astonishing rate over the past couple years'

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Twilio Lays Off 930 Employees: 5 Big Things To Know | CRN (CRN)

Twilio layoffs to hit 930 employees as the cloud communications company fires workers to focus on profitability and core priorities, says CEO Jeff Lawson.

The restructuring plan, “is designed to reduce operating costs, improve operating margins and shift the company’s selling capacity to accelerate software sales,” said Twilio in its filing. And now, I also own the decision to become more focused—resulting in this layoff,” said Lawson. And to support your colleagues,” said Lawson. And now, I also own the decision to become more focused—resulting in this layoff,’ says CEO Jeff Lawson. He speaks with world-renown CEOs and IT experts as well as covering breaking news and live events while also managing several CRN reporters. Securities and Exchange Commission.

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Twilio CEO claims "anti-racist approach" as company lays off 11% of ... (CNBCTV18)

While announcing the layoffs, Twilio CEO Jeff Lawson in an e-mail to employees claimed that the process will be carried out through an ...

I take responsibility for those decisions, as well as the difficult decision to do this layoff." In the e-mail sent to the employees, Lawson stated, "Twilio has grown at an astonishing rate over the past couple of years. "As you all know, we are committed to becoming an Anti-Racist/Anti-Oppression company.

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Daily Roundup: Twilio Will Cut 11% of Workforce (SDxCentral)

Twilio announces a restructuring plan; Forrester calls hybrid cloud the norm; and Verizon touts its 5G milestones.

[Read more.](https://www.sdxcentral.com/articles/news/cisa-executive-impels-sbom-adoption-following-white-house-memo/2022/09/) [Nokia Ties Software to Open RAN Maturity](https://www.sdxcentral.com/articles/analysis/nokia-ties-software-to-open-ran-maturity/2022/09/) [Read more.](https://www.sdxcentral.com/articles/analysis/nokia-ties-software-to-open-ran-maturity/2022/09/) [Read more.](https://www.sdxcentral.com/articles/analysis/forrester-deems-hybrid-cloud-the-norm/2022/09/) [Microsoft Azure Announces New Space Products](https://www.sdxcentral.com/articles/news/microsoft-and-ses-virtualize-satellite-ground-networks/2022/09/) [5G](https://www.sdxcentral.com/5g/definitions/what-is-5g/) milestones related to its [vRAN](https://www.sdxcentral.com/5g/ran/definitions/vran/) deployment and the use of its deep C-band spectrum portfolio. [VPN](https://www.sdxcentral.com/security/definitions/what-is-encryption-definition/what-is-virtual-private-network-vpn/) replacement. [Forrester Deems Hybrid Cloud the Norm](https://www.sdxcentral.com/articles/analysis/forrester-deems-hybrid-cloud-the-norm/2022/09/) [Public cloud](https://www.sdxcentral.com/cloud/definitions/what-is-cloud/) doesn’t mean there, and on-prem doesn’t mean here. [Read more.](https://www.sdxcentral.com/articles/interview/verizon-hits-5g-vran-milestone-tests-full-c-band-capacity/2022/09/) [CISA Executive Impels SBOM Adoption Following White House Memo](https://www.sdxcentral.com/articles/news/cisa-executive-impels-sbom-adoption-following-white-house-memo/2022/09/) [Read more.](https://www.sdxcentral.com/articles/news/dell-tech-red-hat-ramp-devops-velocity/2022/09/) [Will VPNs Survive the ZTNA, SASE Revolution?](https://www.sdxcentral.com/articles/analysis/will-vpns-survive-the-ztna-sase-revolution/2022/09/) [Read more.](https://www.sdxcentral.com/articles/analysis/will-vpns-survive-the-ztna-sase-revolution/2022/09/) [Verizon Hits 5G vRAN Milestone, Tests Full C-Band Capacity](https://www.sdxcentral.com/articles/interview/verizon-hits-5g-vran-milestone-tests-full-c-band-capacity/2022/09/) [Read more.](https://www.sdxcentral.com/articles/news/microsoft-and-ses-virtualize-satellite-ground-networks/2022/09/) [Dell Tech, Red Hat Ramp DevOps Velocity](https://www.sdxcentral.com/articles/news/dell-tech-red-hat-ramp-devops-velocity/2022/09/) “A layoff is the last thing we want to do, but I believe it’s wise and necessary,” he added. [open source](https://www.sdxcentral.com/cloud/open-source/) and supply chain [security](https://www.sdxcentral.com/security/definitions/data-security-in-the-cloud-best-practices/what-is-software-defined-security/) during this week’s Rubrik [Data Security](https://www.sdxcentral.com/security/definitions/data-security-regulations/) Summit.

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