Pandemic Go-To DoorDash Cuts 1,250 Jobs
The announcement that roughly 1,250 employees would lose their job was made Wednesday by Chief Executive Officer Tony Xu in a letter workers.
View Source | November 30, 2022 10:45 pm
- “This is the most difficult change to DoorDash that I’ve had to announce in our almost 10-year history,” Xu wrote. “I am truly sorry.”
- The cuts will be in corporate offices worldwide and equal about 6% of DoorDash’s global workforce.
- The company did well during the pandemic, but the rapid, related expansions, including more hires, led to mounting losses.
- Xu said DoorDash “continues to grow fast.”
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