Restructuring Twilio, and reducing the size of our team

Twilio, a cloud communication platform company, is undergoing restructuring due to changing market conditions. The company's CEO, Jeff Lawson, announced that it will form two business units: Twilio Communications and Twilio Data & Applications, with the goal of prioritizing profit and becoming more efficient. As part of this restructuring, approximately 17% of the team will be let go. The company is also reducing perks such as book and wellness allowances, and sunsetting certain benefits like Twilio Recharge. Despite these changes, Twilio aims to maintain its focus on customer engagement and product development, with a renewed emphasis on profit and growth.

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