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Lyft is laying off 26 percent of employees
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Lyft is laying off 26 percent of employees
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28th April 2023, 12:44
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,541
 |  Lyft is laying off 26 percent of employees Lyft had warned of impending layoffs last week, and now it's taking action. The ridesharing company is cutting 1,072 jobs, or about 26 percent of its employees. It's also scaling back hiring and will scrub 250 open roles. The decision will carry severance and benefits costs of up to $47 million in the second quarter, but Lyft believes the savings will help with 'improvements" for drivers and passengers. More details are coming during an earnings call on May 4th. https://www.engadget.com/lyft-is-lay...3.html?src=rss |
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