Lyft lays off 13% of workforce as it tries to slash operating expenses

Lyft lays off 13% of workforce as it tries to slash operating expenses

2 years ago
Anonymous $_PGtSJbg8h

https://techcrunch.com/2022/11/03/lyft-lays-off-13-of-workforce-as-it-tries-to-slash-operating-expenses/

Lyft said Thursday it is laying off 13% of its workforce as it tries to reduce operating expenses, according to a securities filing.

The ride-hailing company described the cuts as proactive step to ensure it “is set up to accelerate execution and deliver strong business results in Q4 of 2022 and in 2023.”

Lyft lays off 13% of workforce as it tries to slash operating expenses

Nov 3, 2022, 6:46pm UTC
https://techcrunch.com/2022/11/03/lyft-lays-off-13-of-workforce-as-it-tries-to-slash-operating-expenses/ > Lyft said Thursday it is laying off 13% of its workforce as it tries to reduce operating expenses, according to a securities filing. > The ride-hailing company described the cuts as proactive step to ensure it “is set up to accelerate execution and deliver strong business results in Q4 of 2022 and in 2023.”