A Farewell to Dashmates

Tony sent the following email to DoorDash employees earlier today. Greetings fellow Dashmates, It is with a heavy heart that I must deliver the news that we are forced to lay off 99% of our workforce. As you already know, the cause of this misfortune was caused by the rampant growth of side hustles among our employees. Yes, it's true - side hustles were the primary reason behind these unfortunate layoffs. You may be wondering why? How could this be? The simple truth is that our business model relies on a certain number of staff to meet customer demand. However, with many of our staff finding success in their side hustles, our staff numbers have fallen below what is necessary for us to meet this demand. I take full responsibility for this, even though it was not our fault. It is a difficult decision, but it must be done. I'm sure many of you have worked hard and have a lot of pride in the work you have done - and that's why this news is so hard to accept. But we must all accept it and move on. It is the only way we can survive. Thank you for your hard work and dedication. I'm sorry that I could not do more. Yours truly, Tony The Dough Xu, DoorDash CEO