Form 8-K TWILIO INC For: Dec 04
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Twilio (TWLO) PT Raised to $67 at Stifel
December 4, 2023 11:53 AM ESTStifel analyst J. Parker Lane raised the price target on Twilio (NYSE: TWLO) to $67.00 (from $60.00) while maintaining a Hold rating.
The analyst comments "Monday morning, Twilio disclosed further workforce restructuring efforts including a RIF and a realignment of business units. The announcement comes... More
Twilio (TWLO) announces further workforce restructuring plan
December 4, 2023 9:18 AM ESTTwilio's (NYSE: TWLO) CEO announced:
December 4, 2023
Organizational changes to better support our growth and profitability needs
Twilions,
Last year, we set out on a path to reorient our business toward profitable growth. Specifically, we streamlined our more mature, scaled Communications business to focus on efficiency and profit, and we organized our TD&A business to optimize for growth.
Weve made tremendous progress in Communications, even overachieving on our goals; however, weve underachieved on growth in TD&A. So were taking some steps to create a more effective... More
