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Twilio Cut 11% of Staff after growing too fast

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Twilio Inc., a maker of client communication and selling package,

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aforesaid it'll cut regarding 11 November of jobs and structure the corporate in an exceedingly push for profit once a amount of speedy enlargement.

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Sales strategy, research, and body employees are most plagued by the hands reductions,

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Chief officer Jeff Lawson wrote in an exceedingly letter to staff Wed. The shares rose zero.5% in ny.

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“Twilio has mature at AN astonishing rate over the past couple years. it absolutely was too quick,”

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Lawson wrote. “At our scale, being profitable can create North American nation stronger.”

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