- kind working team… genuine and authentic - incredibly smart and thoughtful people at all levels, on most teams - interesting opportunity space with tangible problems to solve and high potential for innovation - thoughtful focus on customers/users on most teams, with more and more company investment in how to do this effectively - recent investments in strategically aligning the organization and creating clarity in operations to support initiatives are beginning to help
Executives and senior leaders are terrible at investing in, growing and empowering the leaders under them, rather than holding them accountable and valuing their expertise and insights, they tend to bottleneck, micromanage and ignore the smart and thoughtful people they have hired. This has a three fold effect of eroding confidence in leadership overall, alienating working teams, and causing a culture of distrust, speculation and poor communication. Because everyone is “so nice”, and leadership is taking the tactic of micromanaging, a lot of things that could be worked through are left unsaid, and candor is absent at all levels. If Lyft can rightsize the above, by working with their leaders rather than around them; and investing in more leaders that are held accountable to contribute, drive, communicate and deliver …it will absolutely find itself on the right path.
Yesterday Uber today Lyft screen cut off. the rest says: • LYFT INC - MEMBERS OF COMPANY'S BOARD OF DIRECTORS HAVE VOLUNTARILY AGREED TO FOREGO 30% OF THEIR CASH COMPENSATION FOR Q2 OF 2020 • LYFT INC - MAJORITY OF RESTRUCTURING AND RELATED CHARGES IS EXPECTED TO BE INCURRED IN Q2 OF 2020 •...Read more
https://www.wsj.com/articles/lyft-plans-to-lay-off-hundreds-of-staffers-11667490092 First stripe now Lyft , tomorrow(supposedly) Twitter. Who’s next. 😭
17% layoffs, 5% furloughed. I think Uber started this yesterday. Won’t be surprised if FAANG stop hiring altogether at some point this year. https://www.cnbc.com/2020/04/29/lyft-lays-off-17percent-of-workforce-furloughs-hundreds-more.html
https://www.nytimes.com/2020/01/29/technology/lyft-layoffs-restructuring.html#click=https://t.co/ncs1WECKD8 any further details on which teams this is going to affect?
Friend at Lyft told me of layoff rumors circulating after the dismal IPO. Thoughts on this?
Huge stock drops are the early signs of incoming layoffs. Happened with quite a few tech companies: Meta, Snap, Intel, Amazon, Google. Will Lyft engineers go from engineering to driving people around? #layoff
With the recent Uber layoffs, will Lyft be soon to follow suit? Respond with your thoughts on when the next round of layoffs at Lyft will happen. #layoff TC: 280k
Layoff rumors have been floating around for a while, and heard [unconfirmed] news of employees walking out with boxes in hand after lunch time. Is this the start of Lyft's round of layoffs?
Small portion affected. Mostly operations folks. Please help out if you have openings.
Lot of lyfters were hopeful but new CEO is poised to turn around the ship. How’s new CEO doing? - He first started outsourcing Eng jobs to Europe. - Identified that Lyft is overpaying for its tech jobs - Slashed workforce by double digit - Enforced RTO #lyft #uber
Heard today some very top notch engineers (highly visible in the community) laid off from lyft, usually would expect this to happen to underperformers. which engineering divisions were cut ?#layoff
Hard to believe. Are these new layoffs ? Are we not done with layoffs for now ? I think with economy opening up things will starting to get back to normal https://www.mercurynews.com/coronavirus-tech-layoffs-bay-area-economy-edd-ui-job-unemployment-lyft-lending-club-yelp-ibm #layoff
I hate that so many of my ex colleagues have to sit for almost a week to find out if they are losing their jobs. At least on the first round they ripped the bandaid quickly. As someone who was a part of that first round, the wound still hurts a little. Stay strong, my fellow Lyfters 🙏 TC: 🥜
I think people who drive for uber or lyft deserve more sympathy than corporate employees got layoff from U and L. Uber/Lyft drivers earn very little per hr on average thanks to Uber/lyft’s huge cut, sometimes more than 60% or even 70% from passenger fares (so that U/L can pay $500k per yr to their ...Read more
Is it still a good time to join Lyft? Signed an offer couple of weeks ago and not sure what to do now. 😥 I’ve told my managers my last day would be the end of the next week, but now I’m so terrified. I’m on a work visa (Sorry this poll is confusing, I actually wanted to ask if it’s still a good t...Read more
https://www.nytimes.com/2020/01/29/technology/lyft-layoffs-restructuring.html