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Twilio lays off 11% of its staff, aims to profitability

San Francisco-based cloud communication giant Twilio will lay off 800 to 900 employees across its staff of over 7,800, approximately 11% of its headcount, to cut costs during the broader economic downturn. In a letter to employees, Twilio CEO Jeff Lawson said the company decided to lay off staff to run more efficiently and align …

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