Ride-share companies hit again as Lyft lays off 900 employees, furloughs hundreds more
https://thenextweb.com/shift/2020/04/30/lyft-lays-off-over-900-staff-hundreds-more-furloughed-take-pay-cuts/
In an SEC filing made earlier this week, ride-sharing service Lyft said that it would be making 988 staff members redundant, and 288 would be furloughed.
The move is an attempt to cut operating costs and overcome the economic downturn caused by the COVID-19 pandemic, CNBC reports.
Ride-share companies hit again as Lyft lays off 900 employees, furloughs hundreds more
Apr 30, 2020, 8:23am UTC
https://thenextweb.com/shift/2020/04/30/lyft-lays-off-over-900-staff-hundreds-more-furloughed-take-pay-cuts/
> In an SEC filing made earlier this week, ride-sharing service Lyft said that it would be making 988 staff members redundant, and 288 would be furloughed.
> The move is an attempt to cut operating costs and overcome the economic downturn caused by the COVID-19 pandemic, CNBC reports.