DoorDash cutting more than 1,000 corporate positions ...Middle East

Online food ordering and delivery company DoorDash is cutting more than 1,000 corporate positions amid slowing growth and rising expenses. CEO Tony Xu said in a message to employees on Wednesday that the decision is the most difficult change he has had to announce in the company’s almost 10-year history. He said the coronavirus pandemic presented “sudden and unexpected” opportunities to serve the needs of merchants, consumers and drivers. As a result, the company sped up its hiring to keep up with its growth and started new businesses in response to feedback from audiences. But Xu said the company was not as “rigorous” as it should have been with managing its growth, leading t

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DoorDash cutting more than 1,000 corporate positions ...Middle East

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