DoorDash is cutting corporate staff by about 1,250, or 6% of head count, as the food-delivery company works to rein in costs after a pandemic-fueled growth spurt
Tech companies saw exceptional growth in both revenue and employee headcounts through the pandemic. But now, they’re cutting thousands of jobs. WSJ explains the macro -- and micro -- reasons for the industry’s massive layoffs.
DoorDash Inc. is reducing its corporate staff by about 1,250, or 6% of the company, as the food-delivery platform works to rein in costs after a pandemic-fueled growth spurt, according to an internal memo from Chief Executive Tony Xu.
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