![Coronavirus layoffs: Bay Area’s Lyft to cut nearly 1,000 jobs](https://i.comentr.com/U-SZp2YoZSb2itwoLRBUTckDrJg_tam.jpg)
Coronavirus layoffs: Bay Area’s Lyft to cut nearly 1,000 jobs
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.