Twilio axes roughly 1 in 5 staff in fresh round of layoffs

Twilio on Monday said it plans to cut 17 percent of its workforce and close additional office locations, having previously shed office staff in 2022. The telephony software and service provider said it expects to incur charges ranging from $100 million to $135 million in workforce reduction expenses. Twilio is estimated to …

[TVU]

"These changes hurt," said CEO Jeff Lawson in the Form 8-K filing"... but I am still going to sack you because I am only pretending to care (just like so many other CEOs).

[Neil Barnes]

$65,535 per year

How terribly... binary.

[Valeyard]

"As part of our shift to remote work, we plan to close some Twilio offices over the next few months, with the intent of maintaining at least a handful of global hubs and satellite offices," said Lawson. "We’ve seen very low office utilization,

I wish my employer would do this. one of our offices originally outfitted for 300 people has around 4 people in it by choice on any given day. The rent is bad enough and then you consider the inefficiencies of heating the entire place for a couple of people.

Do the downsizing now rather than making people redundant and deciding maybe you shouldn't spaff away a few hundred grand in rent per office