Coronavirus layoffs: Bay Area’s Lyft to cut nearly 1,000 jobs

Coronavirus layoffs: Bay Area’s Lyft to cut nearly 1,000 jobs

4 years ago
Anonymous $9CO2RSACsf

https://www.siliconvalley.com/2020/04/29/coronavirus-layoffs-bay-areas-lyft-to-cut-nearly-1000-jobs/

As part of a “plan of termination,” San Francisco ride-hailing giant Lyft will lay off 982 workers to cut costs amid damage from the coronavirus pandemic, the company said in a regulatory filing Wednesday.

The employees to be laid off amount to 17% of Lyft’s workforce, it said in the filing with the Securities and Exchange Commission. Lyft does not classify its army of drivers as employees.

Coronavirus layoffs: Bay Area’s Lyft to cut nearly 1,000 jobs

Apr 29, 2020, 7:13pm UTC
https://www.siliconvalley.com/2020/04/29/coronavirus-layoffs-bay-areas-lyft-to-cut-nearly-1000-jobs/ > As part of a “plan of termination,” San Francisco ride-hailing giant Lyft will lay off 982 workers to cut costs amid damage from the coronavirus pandemic, the company said in a regulatory filing Wednesday. > The employees to be laid off amount to 17% of Lyft’s workforce, it said in the filing with the Securities and Exchange Commission. Lyft does not classify its army of drivers as employees.