LYFT

While the company has not disclosed the exact number of affected employees, a Wall Street Journal report indicates that the cuts could impact around 30 percent of Lyft's workforce, equivalent to more than 4,000 employees. According to the…

Lyft is preparing to layoff ‘hundreds of employees’ in a development that, if true, will have come just days after the company welcomed a new CEO in David Risher. FILE - A Lyft ride-hailing vehicle is parked near Empower Field at…

A fresh round of layoffs announced at Lyft is intended to make the company "flatter" and save money to be used to keep drivers happy and fares competitive at the…

Last Updated: April 22, 2023, 03:12 ISTThe broad-based S&P 500 also edged up 0.1 percent to 4,133.52, as did the tech-rich Nasdaq Composite Index, which stood at 12,072.46.(Representative image) Stocks traded within a narrow range for…

Last Updated: April 22, 2023, 03:05 ISTFILE - A Lyft ride-hailing vehicle is parked near Empower Field at Mile High in Denver on April 30, 2020. (AP Photo/David Zalubowski, File)Risher informed Lyft's workforce of more than 4,000 employees…

Lyft, which has struggled financially while trying to compete with its rival, Uber, said on Friday that it was planning major job cuts.The layoffs, which are expected next week, will affect about 1,200 people, according to a person with…

:Lyft Inc CEO David Risher said on Friday the ride-hailing company will "significantly" cut jobs in another round of layoffs to reduce costs, sending its shares up about 4 per cent.The company declined to provide details on the number of…

US ride-hailing platform Lyft on Monday announced that cofounders Logan Green and John Zimmer would step down as CEO and president. Green and Zimmer will take up non-executive roles as chair and vice chair on the Lyft board,…

Lyft co-founders John Zimmer, left, and Logan Green speak before they ring a ceremonial opening bell in Los Angeles on March 29, 2019. The Lyft co-founders are…

Ride-hailing company Lyft is getting a new CEO as it reels under financial crisis. The company’s co-founders Logan Green and John Zimmer will step down from their respective roles of CEO and President by April end. David Risher, a season…