DoorDash, a meals supply service that noticed vital development through the pandemic, introduced Wednesday it could lay off about 1,250 company workers.
“I’m really sorry and I apologize to have a few of you get up to this information versus studying it throughout extra regular hours,” Tony Xu, DoorDash’s CEO, mentioned in a weblog publish.
Xu mentioned many of the firm’s investments are paying off and the enterprise is extra resilient than others. Nonetheless, Doordash sped up hiring through the pandemic, and working bills would proceed to outgrow income if issues did not change.
“We weren’t as rigorous as we should always have been in managing our staff development,” Xu mentioned. “That is on me.”
DoorDash joins different tech corporations, like Amazon, Meta and Microsoft, in slicing workers.
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