AM I NEXT? NO LOVE AT DOORDASH

San Francisco, California-based DoorDash, a technology company operating a pltform to facilitate deliveries from local restaurants, convenience stores, pet stores, grocery stores to the subscriber's door, has announced a reduction in force.

The reduction in force will impact 1,250 corporate employees, or about 6% of its workforce.

According to CEO Tony Xu, “Most of our investments are paying off, and while we’ve always been disciplined in how we have managed our business and operational metrics, we were not as rigorous as we should have been in managing our team growth. That’s on me. As a result, operating expenses grew quickly. The company is seeking to lower its operating costs, but it was unable to bring spending in line without job cuts. This hard reality ultimately led me to make this painful decision to reduce our team size."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT INSTACART (02/14/24)

FEBRUARY 14, 2024 — RESTRUCTURING WITH 250 LAYOFFS

On February 9, 2024, the Board of Directors of the Company approved restructuring actions with respect to its workforce to improve operational efficiencies and better align the Company’s organizational structure with current business needs, top strategic priorities, and key growth opportunities.

The Restructuring Plan includes a reduction of approximately 250 employees, representing approximately 7% of the Company’s global workforce as of January 31, 2024, with most of these reductions expected to occur by March 31, 2024. Any local separations will be determined at the time and as required by any local consultation or process requirements.

CEO Fidji Simo, “We’re also positioning Instacart to take on our most ambitious bets while streamlining how we operate. Today, we made the tough decision to part with approximately 250 of our talented team members. This will allow us to Reshape the company and flatten the organization so we can focus on our most promising initiatives that we believe will transform our company and industry over the long-term. I am confident this will enable us to execute with even more focus and efficiency moving forward.

OCTOBER 14, 2022 — Original post

San Francisco, California-based Instacart, operator of an app-based grocery pick-up and delivery service using independent contractors as personal shoppers, has announced a cost-containment initiative including a reduction in force prior to its public offering.

The reduction in force will impact approximately 300 employees.

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?