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Twilio to cut staff by 11% to reduce costs, improve margins
short by Ashley Paul / on 14 Sep 2022,Wednesday
Cloud communications platform Twilio on Wednesday said it plans to cut its staff by nearly 11% to reduce its costs, improve operating margins and create a better selling capacity. The firm's restructuring will be completed by the end of Q4 2022, Twilio added. Twilio estimates it'll incur between $70-$90 million in charges over restructuring plans.
short by Ashley Paul / 09:12 pm on 14 Sep
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