Twilio is laying off more than 10 percent of its staff for the second time in six months

Cloud communications company Twilio is implementing a mass layoff round for the second time in a year. This time the company is cutting 17 percent of jobs, 6 percentage points more than in September.

CEO Jeff Lawson says the company now has a strong market position and “a lot” of cash in hand, but this is not enough for the next phase of the company. “We need to spend less, streamline the business and become more efficient.” That is why the company will work with two new industries: Communications and Data & Applications.

The company says it has too many people, especially in the Communications branch. It is not immediately clear how many people will have to leave. According to CNBC the company had 8,992 employees in September, so approximately 1,500 employees now have to go.

Twilio also implemented a major layoff in September, removing 11 percent of its workforce. The company is said to have grown too quickly in the previous years. Lawson says the new round of layoffs is based on the company’s new structure. “Both the reorganization and layoffs increase our ability to grow bigger and generate more profits. Both points are necessary in this new situation.”

The company will also eliminate and phase out certain employee benefits. In addition, Twilio wants to close some offices, because employees are now working from home more often. Travel budgets will be increased so that employees can see each other more often. Twilio has been around since 2008 and is known for its two-step verification service Authy.