Twilio

Twilio’s foray into the customer data (CDP) business could be heading for an early conclusion. The former startup offers communications software services via APIs, and in recent years expanded its product footprint through the acquisition of companies like Segment, which added CDP capabilities to its larger portfolio. Now, in the wake of the company’s growth slowing to a near halt in late 2023 and the exit of its founding CEO Jeff Lawson, Twilio is executing “an extensive operational review” of the asset, according…

Twilio, the cloud service provider, has announced that it will be reducing its current workforce by 5% as part of a broader overhaul. The company stated that these cuts will help to streamline its operations and put it on a path towards delivering profitable growth.This is the third round of major job cuts the company has announced in the recent year.In September 2022, the company cut around 11% of its staff, followed by another 17% in February of this year. As a result, Twilio's workforce has decreased from 7,800…

Twilio said Monday that it plans to shed hundreds of jobs as it seeks to streamline its operations and accelerate its path to profitable growth.The communications and customer data company said it plans to eliminate about 5% of its 5,900 employees, which will come at a cost of about $25 million to $35 million in various charges.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Twiliosaid Monday that it plans to shed hundreds of jobs as it seeks to streamline its…

Tech bros are always chasing the next big thing, so much so that some developers are already trying to imply that chatbots like ChatGPT are old hat. The real big AI innovation, they say, is language model-powered AI “agents” able to carry out multiple tasks in a row.Compared to the “prompt, response” model of current chatbots, these agents like Auto-GPT are potentially capable of writing whole reams of code, building websites—or in one surprising case—making a call to a physical pizza place and placing an order.These…

Jakub Porzycki | Nurphoto | Getty ImagesCheck out the companies making headlines in midday trading.Twilio — Shares jumped 14.2% after Twilio beat revenue expectations in its most recent quarter. The communications firm posted revenue of $1.02 billion, slightly better than the Refinitiv consensus estimate of $1 billion.West Pharmaceutical Services — Shares spiked 14.5% after West Pharmaceutical Services topped profit and sales expectations in its fourth quarter. The drug and health care products maker posted adjusted…

US-based software company Sprinklr has laid off about 4 per cent of its global workforce -- or more than 100 employees -- amid the ongoing economic slowdown.The company started the layoff drive last week and is cutting its workforce in India, the US and other regions, reports TechCrunch, citing sources."While these decisions are extremely hard to make, it is the right decision for our long-term success as we shift from a capacity-driven to productivity-driven business model," the spokesperson was quoted as saying."Our…

Cloud communications company Twilio Inc said 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%. Read Also Twilio had just under 9,000 employees as of September-end. It is not clear whether the figure…

Photo: DCStockPhotography (Shutterstock)The Federal Trade Commission took historic action against the medication discount service GoodRx Wednesday, issuing a $1.5 million fine against the company for sharing data about users’ prescriptions with Facebook, Google, and others. It’s a move that could usher in a new era of health privacy in the United States.“Digital health companies and mobile apps should not cash in on consumer’s extremely sensitive and personally identifiable health information,” said Samuel Levine,…

Tech leaders who spent years eagerly adding to their staffs are now lining up to deliver a different message: Sorry, we grew too fast. Mark Zuckerberg on Wednesday joined the ranks of tech executives offering a mea culpa, when the chief executive of Facebook parent Meta Platforms Inc. said the company would cut 11,000 workers, or 13% of its staff. Mr. Zuckerberg told employees that he had believed the sharp shift online after the onset of Covid-19 would be…

View Discussion Improve Article Save Article Like Article View Discussion Improve Article Save Article Like Article Time Frame:  Aug – Sep 2022Number of Rounds: 4How I Applied: I applied on Linkedin. I received a phone call from the recruiter who asks me about my current location and interests.Round 1: Hackerrank Test: It has 4 coding questions, 2 easy, and 2 medium. I solved 3 completely and one partially. I got called for the next roundRound 2: Tech Screen: One senior software engineer took this interview. She…