Companies

Redundancy threat at Twilio’s Irish unit as tech firm to cut 11% of global workforce

Staff at the company, which employs 260 people in Ireland, have told the Business Post that employees in sales, finance and talent acquisition have been warned their jobs are at risk

Twilio’s global revenues came to $2.84 billion in 2021 and it is worth over $50 billion on the New York Stock Exchange. Picture: Getty

Staff at the Irish unit of Twilio, the global cloud communications platform, could face redundancy as part of the company’s plan to lay off 11 per cent of its workforce, the Business Post understands.

The business, which employs 260 staff at its EMEA headquarters in Dublin and more than 8,000 globally, informed workers that it was cutting jobs as part of a plan to push for profitability following a period of rapid expansion.

Twilio’s global ...