Twilio plans to layoff 11% of its workforce, or around 850 staff, in a bid to become profitable by 2023; CEO Jeff Lawson says Twilio grew "too fast" (Ashley Capoot/CNBC)

Ashley Capoot / CNBC: Twilio plans to layoff 11% of its workforce, or around 850 staff, in a bid to become profitable by 2023; CEO Jeff Lawson says Twilio grew “too fast”  —  - Twilio will lay off 11% of its workforce as part of a major restructuring plan, according to a filing.

Sep 14, 2022 - 17:47
1124
Twilio plans to layoff 11% of its workforce, or around 850 staff, in a bid to become profitable by 2023; CEO Jeff Lawson says Twilio grew "too fast" (Ashley Capoot/CNBC)

Ashley Capoot / CNBC:
Twilio plans to layoff 11% of its workforce, or around 850 staff, in a bid to become profitable by 2023; CEO Jeff Lawson says Twilio grew “too fast”  —  - Twilio will lay off 11% of its workforce as part of a major restructuring plan, according to a filing.