- Twilio said Monday it would lay off about 5% of staff, or around 300 people, with cuts focused on its Data & Applications business.
- The company has been targeted by two activists who are pushing for at least the divestiture of that business, if not the sale of the whole company.
https://www.cnbc.com/2023/12/04/twilio-layoffs-company-to-cut-5percent-of-employees.html