DoorDash cuts 1,250 jobs as deliveries ebb after pandemic
FILE - In this Feb. 27, 2020, file photo, the DoorDash app is shown on a smartphone in New York. DoorDash is cutting more than 1,200 corporate jobs, saying it hired too many people when demand for its services increased during the COVID-19 pandemic. Tony Xu said in a message to employees on Wednesday, Nov. 30, 2022 that DoorDash was undersized before the pandemic and sped up hiring to catch up with its growth.
DoorDash is eliminating about 1,250 corporate jobs, or about 6% of its workforce, saying it hired too many people when delivery demand surged during the COVID-19 pandemic. “Most of our investments are paying off, and while we’ve always been disciplined in how we have managed our business and operational metrics, we were not as rigorous as we should have been in managing our team growth,” Xu wrote. “That’s on me. As a result, operating expenses grew quickly.”
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