DoorDash, the leading food delivery platform in the United States, announced the layoff of 1,250 people.

(Schematic, Reuters)

[Financial Channel/Comprehensive Report] Affected by negative impacts such as high inflation and economic slowdown, many American companies have recently announced layoffs.

"DoorDash", the leading delivery platform in the United States, also followed this wave of layoffs. On Wednesday (30th), it announced that it would lay off about 1,250 employees, accounting for about 6% of the company's total workforce.

According to comprehensive foreign media reports, DoorDash CEO Tony Xu pointed out in a memo to employees that although the company's business continues to grow rapidly, considering the company's recruitment speed, if operating expenses are not cut, its growth will exceed revenue, so The company decided to cut operating costs through layoffs, and plans to lay off 1,250 employees.

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Tony Xu also apologized for this, admitted that he was not rigorous enough in the growth of the management team, and said that the affected employees will receive 13 weeks of salary, plus a one-time severance compensation of 4 weeks of salary.

DoorDash's stock price closed at $58.25 on the 30th, an increase of 9.21%.

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