Lyft to cut 1200 jobs (30% of employees)
Pretty big layoff, will Lyft turn a profit and survive? https://www.wsj.com/articles/lyft-to-cut-at-least-1-200-jobs-in-new-round-of-layoffs-to-reduce-costs-da423e53
The Wall Street Journal
Sheeeesh, 30%? Good luck Lyft folks.
Oh no…
🫡
Go woke go broke
Lol what? How is Lyft “woke”? It’s a ridesharing app. Has Meta been laying off employees in droves because it’s woke, as well?
Lol
Lyft’s done.
It's sad but Lyft hasn't recovered since the pandemic. Uber + UberEATS has completely captured the market. I have Uber One and they are way more reliable than Lyft. The only new major additions that I have seen in the past few years is Citi Bike, Bus schedules, car rentals (who nobody uses). Hoping they get acquired and give some much needed competition to Uber.
Right, doordash is dying too
Doordash is doing well
Actually many tech companies can survive with 50% employees.
Shhhh be quite pls
in last 5 years, Lyft has lost 10 billion dollars!! How do you recover this kind of money by running a taxi business?
Non-paywall https://archive.is/GMHTs