DoorDash's bright spot is Dashers
Pain at DoorDash HQ is being offset by strong delivery worker retention
We talked yesterday about why DoorDash is laying off 1,250 people, roughly 7% of its employees. The post goes into a lot more detail, but basically DoorDash hired too many people and found its costs—especially employee comp like salaries, bonuses, benefits, and stock-based compensation—getting out of control. After an initial pandemic boom, growth in re…
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