Evelyn Erives

Evelyn Erives

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Lyft To Layoff Over 1,000 Employees

Ride-Hailing App Lyft Confirms Its Cutting Roughly A Quarter Of Its Workforce

Photo: Getty Images

On Thursday, Lyft became the latest company to announce job cuts.  The ride-share company will let go of 1,076 workers, or roughly 26% of its workforce. 

Lyft will also eliminate 250 open job positions. 

The company's new CEO David Risher warned employees about the cuts last week. The move was made to "better meet the needs of riders and drivers." [Read More]


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