Business

Elon Musk fears economic disaster if this is not done immediately


The health of the economy remains a key topic of concern for consumers and investors, who almost every week see another wave of job cuts by companies.

On November 30, DoorDash was the eleventh company to announce dramatic cost cuts, including the layoff of the company’s 1,250 workers. The company employed 8,600 corporate employees by the end of 2021.

“Our business is more resilient than other e-commerce companies, but we are also not immune to external challenges and our growth rate has slowed down compared to our pandemic-led growth rate. us,” said the food delivery company’s chief executive, Tony Xu. told workers.

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