No, but not because of layoffs. Both companies will be under even more pressure to get to profitability. The days of paying high salaries to get the best are probably over at both. There are plenty of less prestigious yet successful companies that hire solid engineers for less than top of market.
Uber felt their competition was Google,so they out paid Google to get better engineers often. Where as Uber's competition is the realities of the cab / taxi services markets as they exist today and solving it with profitability and not burning the drivers.
People will return to using their own cars. Those who routinely take public transit and can’t afford their own cars are not rich enough to use Uber/Lyft anyway.
Doubt they’d ever really consider moving offices to Dallas. They’re better off moving to Bangalore if they want to save that kind of money on talent for maintenance mode (since there’s absolutely none in Dallas)
Lyft has had a bit of a brain drain last month (before layoffs). Seems like everyone is making plans just in case there are more layoffs. I bet the smartest people will start to realize they can do better elsewhere and we will lose the best people.
Guessing the company has stopped growing and will get leaner and leaner. Its unclear whether it will be lean like a technical startup with elite engineers (doubtful) or a TCS/Infosys with bureaucrats and maintenance engineers (more likely IMO).
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Guessing the company has stopped growing and will get leaner and leaner. Its unclear whether it will be lean like a technical startup with elite engineers (doubtful) or a TCS/Infosys with bureaucrats and maintenance engineers (more likely IMO).