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home / news releases / twilio not out of the woods yet

TWLO - Twilio: Not Out Of The Woods Yet

Twilio Inc. Class A

2024-04-09 04:23:52 ET

Summary

  • Twilio has experienced a significant decline in stock value, falling 86% from its peak in 2021.
  • The company has conducted multiple rounds of layoffs, reducing headcount by approximately 2,500 personnel.
  • Jeff Lawson has stepped down as CEO, and Khozema Shipchandler is now leading the company.

Background

Twilio ( TWLO ) has had a tough couple of years. The company operates in multiple domains, including enterprise-level texting and application programming interfaces for companies to build out services, and for quite a long time (back in the heyday of the ZIRP environment), the company was a darling of the tech sector with an enormous valuation....

For further details see:

Twilio: Not Out Of The Woods Yet
Stock Information
Company Name: Twilio Inc. Class A
Stock Symbol: TWLO
Market: NYSE
Website: twilio.com
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