Twilio lays off 5% of employees in unit activists want to divest

  • Link to source letter: https://www.sec.gov/Archives/edgar/data/1447669/000119312523...

    Don't miss in there:

    "We’ve decided to end-of-life (EOL) Twilio Programmable Video as a standalone product. Given it’s such a niche area and a relatively small part of our portfolio, we believe partnering with video industry leaders is the best way to ensure long-term product innovation for our customers. Removing Programmable Video from our portfolio will also allow Communications to more effectively focus on our pillar products - Messaging, Voice, and Email."