Cloud communications company Twilio Inc said on Monday it was eliminating about 17 per cent roles and closing some offices as part of a restructuring effort to focus on profitability. The move, which is the second instance of job cuts in six months, sent the company's share up 2 per cent. As part
Cloud communications company Twilio Inc said on Monday it was eliminating about 17 per cent roles and closing some offices as part of a restructuring effort to focus on profitability.
The move, which is the second instance of job cuts in six months, sent the company's share up 2 per cent. As part of the restructuring, Twilio will divide the operations into two units - Twilio Data and Applications and Twilio Communications, according to a blog post on Monday.
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Twilio to cut 17% staff, close offices to focus on profitability:Cloud communications company Twilio Inc said on Monday it was eliminating about 17 per cent roles and closing some offices as part of a restructuring effort to focus on profitability.The move, which is the second instance of job cuts in six months, sent the company's share up 2 per cent.As part of the
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Twilio to cut 17% of staff, close offices to focus on profitabilityThe cloud communications company joined many other tech giants which have also trimmed their staff count. Read more at straitstimes.com.
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