Twilio announces layoff of 11% of employees

According to a recently released report, the company has decided to lay off 11% of the employees.

Company aims to improve margins and have better sales potential

Twilio had a total of 7867 employees as of December 2021

The company has said that it will keep only skilled and better employees.

The CEO of the company said that it was very difficult to take this decision but it is a decisive decision.

The CEO said that having better employees in the company will reduce operating costs and increase sales potential

The company has said that the work of retrenchment of 11% employees will be started soon.