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LYFT LAYOFFS
Lyft is considering strategic options for bike, scooter unitThe company said it has received strong inbound interest in its bike-and scooter-sharing unit and that “it’s only logical for Lyft to liste...- Uber to lay off 200 employees in recruitment divisionThe reductions affect less than 1% of Uber's 32,700-strong global workforce and follow the ride-share company laying off 150 employees in i...
- Lyft’s new CEO David Risher tackles a job requiring some heavy liftingJust days after taking over as CEO, David Risher came up with a restructuring plan that includes laying off nearly 1,100 employees.
- Lyft employees told to return to office as new CEO lays out visionOn Friday, David Risher, the company's new CEO, told employees in an all-hands meeting that they would be required to come back into the of...
- Lyft to lay off more than 1,000 employees in cost-cut pushRisher, who took over earlier this month, had recently said the company will "significantly" cut jobs, without providing the number of jobs...
- Lyft to cut at least 1,200 jobs: WSJ reportRide-sharing company Lyft Inc will cut at least 1,200 jobs in another round of layoffs as it looks to reduce costs.
- Tech layoffs shock young workers. The older people? Not so muchMicrosoft said this week it planned to cut 10,000 jobs, or roughly 5% of its workforce. And Friday morning, Google's parent company Alphabe...
- Tech industry job cuts come rapidly and in big numbersEven with all of the layoffs announced in recent weeks, most tech companies are still vastly larger than they were three years ago.
- 2022 Year in Review | Tech firms embrace layoffs as recession fears buildAfter two years of staggering growth during the pandemic, online businesses were caught out when Covid began to fade. Russia’s invasion pro...
- ‘Have to fake being employed every day.’ Sacked Meta executive has not yet told his parents about pink slipAnkit Tiwari was one of the 11,000 employees to be laid off.
- Uber CEO says won’t cut jobs despite mounting tech layoffsUber Technologies Inc. isn’t considering cutting jobs even as competitors from DoorDash Inc. to Lyft Inc. slash staff to deal with an uncer...
- An era of digital lay-offs: How Twitter's mass-firing made people more vocal on social mediaTwitter's mass firings have made layoffs a viral phenomenon.
- Facebook parent Meta planning massive layoffs: reportAs of September 30, Meta had about 87,000 employees worldwide across its different platforms, which include social media sites Facebook and...
- US tech layoffs skyrocket as companies struggle with shrinking global economySackings have intensified over the past few days, with several startups -- foreign and Indian -- firing workers to cope with the severe dea...
- Twitter down: Users complain of login issues, error in loading media filesOn Friday morning, many Twitter users stated that they are unable to log into the website. A popup that reads "Something went wrong, but do...
- Amazon, Lyft, Stripe, Twitter and other tech companies that have announced hiring freezes and layoffsAmazon said senior executives this week decided to pause incremental corporate hiring because the economy was "in an uncertain place."
- Lyft to lay off 683 employees in cost-cutting pushLyft's latest move is expected to result in a charge of between $27 million and $32 million in the fourth quarter. It follows 60 job cuts e...
- Lyft to slow hiring, assess budget cutsLyft said no employee layoffs are planned and added it would grant special stock options to eligible employees.
- Uber’s job cuts, office closures reflect narrower ambitionsUber, which for years burned cash in exchange for user growth, had also faced challenges even before coronavirus hit. Its food delivery ope...
- Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salaryUber and rival Lyft have already withdrawn their full-year financial outlooks as demand for app-based rides dropped sharply across the worl...
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