Food delivery service DoorDash announced on November 30 the company is set to lay off 1,250 employees in an effort to cut costs.
“I did not take this decision lightly. We have and will continue to reduce our non-headcount operating expenses, but that alone wouldn’t close the gap. This hard reality ultimately led me to make this painful decision to reduce our team size,” DoorDash CEO Tony Xu told employees in a message on the company website.
This is the most difficult change to DoorDash that I’ve had to announce in our almost 10-year history. Today, we are reducing our corporate headcount and saying goodbye to many talented teammates. https://t.co/xSYUVLwp17
— Tony Xu (@t_xu) November 30, 2022
The employees were notified by email. They will receive 17 weeks of severance pay along with health benefits through March 2013.
DoorDash experienced massive growth in 2021 due to the increased use of delivery food during the pandemic.
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