Twilio CEO announces 11% of employees will lose jobs in ‘Anti-Racist’ focused layoffs

www.foxbusiness.com/economy/twilio-ceo-announces-11-of-employees-lose-jobs-anti-racist-focused-layoffs

Twilio CEO Jeff Lawson announced in a message to all employees that 11% of its workforce would be laid off, stating that they made the layoffs through an “Anti-Racist” and “Anti-Oppression” lens.

The San Francisco-based corporate communications company CEO said in the message to employees that the layoffs are “wise and necessary.”

“I’m not going to sugarcoat things. A layoff is the last thing we want to do, but I believe it’s 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,” Lawson said.

In determining which roles would be impacted in the layoffs, Lawson said that company officials examined which roles were most aligned with its four priorities, but said that the layoffs were carried out through an anti-racism lens.

“As you all know, we are committed to becoming an Anti-Racist/Anti-Oppression company,” Lawson wrote. “Layoffs like this can have a more pronounced impact on marginalized communities, so we were particularly focused on ensuring our layoffs – while a business necessity today – were carried out through an Anti-Racist/Anti-Oppression lens.”

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