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DoorDash reduces headcounts by 1,250, will continue to take cost-saving measures
source link: https://nextbigwhat.com/doordash-reduces-headcounts-by-1250-will-continue-to-take-cost-saving-measures/
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Home News DoorDash reduces headcounts by 1,250, will continue to take cost-saving measures
DoorDash reduces headcounts by 1,250, will continue to take cost-saving measures
- December 1, 2022
The affected employees will be compensated for 17 weeks, and their shares will vest in February 2023. CEO Tony Xu DoorDash was understaffed before the pandemic and had to speed up hiring to keep up with its growth.
Xu said DoorDash will continue to try to cut operating costs unrelated to personnel, but those efforts alone won’t be sufficient to narrow the gap.
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