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Twilio To Cut 5% Of Workforce In Department Activists Want Separated.

(CTN News) – Twilio, a software provider, announced on Monday that it will be reducing its workforce by approximately 5% due to the underperformance of a targeted unit by activist investors. The company’s shares remained unchanged during afternoon trading. Twilio anticipates incurring restructuring costs between $25 and $35 million. However, it has reiterated its guidance […]

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Twilio To Cut 5% Of Workforce In Department Activists Want Separated.

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