https://techcrunch.com/2023/04/21/lyft-to-make-significant-cuts-across-ride-hailing-company/

Lyft’s newly appointed CEO David Risher told employees in an email Friday that the company is significantly reducing its workforce as part of a restructuring effort.

Risher said the restructuring is part of Lyft’s plan to “better meeting the needs of riders and drivers.” The company confirmed that it has not changed its guidance for the first quarter in spite of the upcoming layoffs.