Usually new ceo will restructure the company. But twilio has already been through multiple rounds of layoff.
Did they run out of white people to fire already?
Hey!
Your stupid CEO public policy 🤷
The company is not profitable. Spending entirely too much on SBC. Not sure the love for the previous CEO. He overhired and could not run the company efficiently. Twilio needs to cut billions in operating costs. Rule of 40, Twilio is a laughable -4%. Current operating margin is -9%, growth is 5%.
If I was in TDA I would be looking at my resume. When the CEO leaves whose baby is TDA I think it’s good to be nimble and be ready for more change.
Are you part of the wave that left to join Rippling and now wants to boomerang? Sincere question.
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He was the CFO and you know the answer.