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HomeLifestyleTwilio Plans to Cut Workforce by 5%

Twilio Plans to Cut Workforce by 5%


Twilio said Monday that it plans to shed hundreds of jobs as it seeks to streamline its operations and accelerate its path to profitable growth.

The communications and customer data company said it plans to eliminate about 5% of its 5,900 employees, which will come at a cost of about $25 million to $35 million in various charges.

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