OtherUS

Twilio Layoffs

February 2023

Twilio announced a layoff affecting 1,500 employees (17% of its workforce) in February 2023. The company operates in the Other sector.

People Affected

1,500

Percentage

17%

Announced Date

Feb 13, 2023

About

Twilio, a cloud communications software company, announced on Monday that it is laying off approximately 1,500 employees, which represents about 17% of its workforce based on its reported total of 8,992 employees as of September 2022. This marks the second round of significant job cuts for the tech firm, following a previous reduction of around 11% in September as part of an ongoing restructuring effort. CEO Jeff Lawson stated that the layoffs are necessary to reorganize the company into two more efficient business units—Twilio Data & Applications and Twilio Communications—and to address the company having grown "too big," particularly in its communications segment. The move reflects broader trends of workforce reductions across the technology industry in recent months.