Twilio CEO Lawson steps down after bruising activist battles

CNBC ^

[qwerty1234]

Twilio co-founder Jeff Lawson on Monday said he is stepping down as CEO of the enterprise communications software company. The move comes as company grapples with two activist investors who have been pushing for significant changes at the company.

In a regulatory filing announcing the move, the company also said that Twilio expected fourth quarter revenue and income to come in above its prior guidance.

Shares of Twilio were up more than 7% on the news.

[qwerty1234]

I guess those 'anti-racist' layoffs weren't enough to save him - i.e. fire all the white males worked to make the company successful in the first place, and keep all the multi-colored deadweight.

Good riddance douchebag.

[Red Badger]

From Wiki:

Twilio is an American company based in San Francisco, California....................

I think I see the problem................

[FLT-bird]

The fact that shares went up significantly after he was forced out is rather telling.......

[minnesota_bound]

The last company I worked at uses Twilio software for the phones tied into the ticket software.
The stock was one to own in 2020 when it hit $435 in feb 2021 but it has since fallen quite a lot to a low of $42 in nov 2022.