Wall Street Journal says they have been unsuccessful in raising money the last three months
Doordash is the only promising food delivery platform... it will go huge after ipo and there will be many many millionaire employees after
Yes, layoffs are coming to Doordash. The company is losing half a billion dollars a year (look it up). Even much better businesses - Uber and Lyft - have gone thru layoffs to improve profitability.
Uh no. Uber has like 25k+ employees DoorDash has like 2k. Also food delivery is definitely a higher margin biz then ride hailing so I’m not sure I’d categorize those 2 are ‘better businesses’
Definitely coming, especially after Caviar acquisition. That created a lot of redundancy.
I don’t think so, a lot teams still actively hire engineers because we are short of engineers.
It's hard for me to believe that Doordash is underperforming in this environment. If they are, that means more than layoffs are in the future - means their whole business model is broken.
Please emove above comment.
Love using DD right now super reliable and great experience
Lol chase just partnered with them. Imagine providing that benefit for an increased fee to reserve users only to have it collapse.
This is why Chase will lose my business next year.
Yea I was gonna upgrade to CSR from CSP but nope not anymore.