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Search resuls for: "Jeff Lawson"


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☆ Twilio announced top executive departures at an all-hands meeting to discuss recent layoffs. Leaked messages show employees felt blindsided and let down: 'Trust is nonexistent at this point.'
  + stars: | 2023-02-15 | by ( Ashley Stewart | ) www.businessinsider.com   time to read: +3 min
The company addressed the plans, and announced executive departures, during an all-hands meeting. Eyal Manor — the chief product officer to whom the company just agreed to give a $2.5 million cash bonus — is leaving the company, Twilio leaders announced in the all-hands. Lybra Clemons — the company's first chief diversity, inclusion, and belonging officer, hired in 2020 — is also leaving, Twilio announced during the all-hands. The plan to cut 17% of workers follows another significant Twilio layoff in September when the company cut 11% of workers. In September, Twilio announced layoffs of 11% of its workforce.
☆ Twilio to Lay Off 17% of Staff in Second Round of Cuts
  + stars: | 2023-02-13 | by ( Will Feuer | ) www.wsj.com   time to read: 1 min
Twilio Inc. said it is laying off about 17% of its employees, its second round of job cuts in about five months, and reducing certain employee perks as the cloud-communications company moves to prioritize profit over growth. Chief Executive Jeff Lawson said Monday that the company is reorganizing into two business units: Twilio Communications and Twilio Data & Applications. Khozema Shipchandler , the current chief operating officer, will serve as head of the new communications unit, while Elena Donio , president of revenue, will head up the Data & Applications business.
☆ Twilio to Lay Off 17% of Workers in Second Round of Cuts
  + stars: | 2023-02-13 | by ( Will Feuer | ) www.wsj.com   time to read: 1 min
Twilio Inc. said it is laying off about 17% of its employees, its second round of job cuts in about five months, and reducing certain employee perks as the cloud-communications company moves to give priority to profit over growth. Chief Executive Jeff Lawson said Monday that the company is reorganizing into two business units: Twilio Communications and Twilio Data & Applications. Khozema Shipchandler , the current chief operating officer, will serve as head of the new communications unit, while Elena Donio , president of revenue, will head up the Data & Applications business.
☆ Twilio to lay off about 1,500 employees, or 17% of its workforce
  + stars: | 2023-02-13 | by ( Ashley Capoot | ) www.cnbc.com   time to read: +2 min
Twilio on Monday announced plans to cut around 17% of its workforce, or roughly 1,500 jobs based on the 8,992 employees reported as of Sept. 30, 2022, in a company filing with the Securities and Exchange Commission. Twilio announced the layoffs in a blog post shared on its website. Lawson said Twilio is forming two business units to help the company spend less and become more efficient. One unit, Twilio Data & Applications, will be led by Elena Donio, and the second unit, Twilio Communications, will be led by Khozema Shipchandler. In January, Google revealed plans to lay off more than 12,000 workers, Microsoft announced plans to cut 10,000 employees and Salesforce said it planned to lay off 7,000 workers.
☆ Twilio announces another round of layoffs, reorg in profit push
  + stars: | 2023-02-13 | by ( ) www.reuters.com   time to read: +1 min
Feb 13 (Reuters) - Cloud communications company Twilio Inc (TWLO.N) said on Monday it was eliminating about 17% roles and closing some offices as part of a restructuring effort to focus on profitability. Technology firms have laid off thousands of workers recently as they brace for a period of lower demand, high interest rates and macro economic instability. The move, which is the second instance of job cuts in five months, sent the company's share up 2%. Twilio will also reorganize the company into two units, Twilio Communications and Twilio Data and Applications. Reporting by Yuvraj Malik in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.
☆ Twilio plans to lay off 17% of staff, internal email shows
  + stars: | 2023-02-13 | by ( Ashley Stewart | ) www.businessinsider.com   time to read: +2 min
Twilio plans to lay off 17% of its staff, according to an internal email. "This is upsetting to be sure, so I want to share with you the reasons for making this tough decision, as well as some other changes," Lawson wrote. The company is also reorganizing to create new business divisions: Twilio Data & Applications, led by Elena Donio, and Twilio Communications, led by Khozema Shipchandler. Lawson's email said affected employees would be notified within three hours of the announcement via their personal addresses. Twilio's business boomed during the pandemic when demand for its communication services soared, and it hired thousands of new staff.
☆ Twilio executives scheduled an unusual Sunday meeting right before the Super Bowl, and now employees are worried about a reorg or layoffs
  + stars: | 2023-02-12 | by ( Ashley Stewart | ) www.businessinsider.com   time to read: +4 min
Twilio CEO Jeff Lawson scheduled a meeting with other top execs just before the Super Bowl. The meeting, and other developments, have stoked employee concern about a possible reorg and more layoffs. Twilio co-founder and CEO Jeff Lawson has an unusual meeting scheduled with other top executives of the tech company an hour or so before the Super Bowl starts on Sunday. The recently organized gathering has employees anticipating big changes, including a potential reorganization and maybe more layoffs. The employee said Twilio recently moved the results date back, although didn't know the reason.
☆ Watch CNBC's full interview with Twilio CEO Jeff Lawson
  + stars: | 2022-11-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Twilio CEO Jeff LawsonJeff Lawson, Twilio co-founder and CEO, joins 'TechCheck' to discuss the company's shares in free-fall after Q4 guidance suggests caution, the reasons for the company's prosperous Q3, as well as the weakness in retail and e-commerce compared to the strength in financial services.
☆ Consumption is a big part, but not our entire business, says Twilio's Jeff Lawson
  + stars: | 2022-11-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumption is a big part, but not our entire business, says Twilio's Jeff LawsonJeff Lawson, Twilio co-founder and CEO, joins 'TechCheck' to discuss the company's shares in free-fall after Q4 guidance suggests caution, the reasons for the company's prosperous Q3, as well as the weakness in retail and e-commerce compared to the strength in financial services.
☆ Twilio tumbles after issuing a soft quarterly revenue projection
  + stars: | 2022-11-03 | by ( Jordan Novet | ) www.cnbc.com   time to read: +2 min
Twilio shares fell as much as 16% in extended trading on Thursday after the cloud communications software maker announced third-quarter results that gave a soft revenue outlook. Here's how the company did:Loss: Loss of 27 cents per share, adjusted, vs. loss of 36 cents per share as expected by analysts, according to Refinitiv. Loss of 27 cents per share, adjusted, vs. loss of 36 cents per share as expected by analysts, according to Refinitiv. Revenue: $983 million, vs. $972.2 million as expected as expected by analysts, according to Refinitiv. Analysts polled by Refinitiv had been expecting an adjusted loss of 12 cents per share on $1.07 billion in revenue.
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