Twilio Announces Second Major Staff Reduction, Laying Off 17% of Workforce

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Twilio Announces Second Major Staff Reduction, Laying Off 17% of Workforce

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Twilio, a provider of customer communications software, will lay off 17% of its workforce, which is estimated to affect around 1,500 employees based on its recent earnings report.

This is the second major staff reduction that the company has implemented in response to the economic downturn. In September, 11% of its employees were let go.

Meta is also reportedly planning to announce its second round of layoffs next month. Former Twilio employees who lost their jobs are sharing their experiences and networking on LinkedIn.