Twilio CEO Jeff Lawson is laying off more than 11 percent of its employees because the cloud communications company is growing “too fast”.
Lawson said that the layoff is the last thing he wanted to do, but it was “wise and necessary”.
“Twilio has grown at an astonishing rate over the past couple years. It was too fast, and without enough focus on our most important company priorities. I take responsibility for those decisions, as well as the difficult decision to do this layoff.”
