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TWILIO RESTRUCTURING
Cloud communications platform Twilio to cut about 5% of total workforceThe company expects to incur about $25 million to $35 million associated with the restructuring in the last three months of 2023.- Layoffs in 2023: Microsoft, Cognizant, Accenture among latest firms to cut jobs amid economic turmoilThe layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent A...
- Twilio to lay off 17% staff, close offices to focus on profitabilityThe layoffs, which is the second such instance in six months, sent Twilio's share up 2%.
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