Lyft will lay off 30% of its workforce, or about 1,200 employees, The Wall Street Journal reported. The company does not consider its ride-hailing drivers employees.
Lyft Inc. is laying off a significant part of its workforce, the ride-hailing company’s new chief executive told employees in a Friday email, as he tries to cut costs and keep up with a much bigger rival, Uber Technologies Inc.
The Wall Street Journal first reported that the cuts will amount to 30% of the company’s workforce, or about 1,200 employees. Lyft LYFT does not consider its ride-hailing drivers employees.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Lyft to 'significantly' slash workforce in third round of cuts, new CEO tells workersNew Lyft Chief Executive David Risher tells employees that company needs to cut costs, deliver profitable growth.
Consulte Mais informação »
LYFT Inc Stock Price Today | NASDAQ LYFT Live Ticker - Investing.comView today's LYFT Inc stock price and latest LYFT news and analysis. Create real-time notifications to follow any changes in the live stock price.
Consulte Mais informação »
New Lyft CEO says rider, driver experience top priority as it competes with UberThere's a new CEO steering Lyft as it continues to vie with Uber. David Risher just stepped into the job and has told FOX Business 'great' rider and driver experiences are a 'big focus.'
Consulte Mais informação »
Lyft's new CEO begins tenure with layoffs, reportedly cutting 1,200 jobsA week after assuming the role of CEO at Lyft, David Risher said on Friday that 'we will significantly reduce the size of the team.'
Consulte Mais informação »
Lyft to 'significantly' cut jobs in new CEO's first major moveLyft Inc CEO David Risher said on Friday the ride-hailing company will 'significantly' cut jobs in another round of layoffs to reduce costs, sending its shares up about 4%.
Consulte Mais informação »
Lyft to ‘significantly’ cut jobs, CEO saysRide-sharing company Lyft plans to “significantly reduce” its staff size as part of efforts to restructure the ride-sharing company and cut costs.
Consulte Mais informação »