Article 52VET Lyft dumps 17% of staff, furloughs 5%, cuts pay as people stay home, avoid rides in possibly virus-ridden cars

Lyft dumps 17% of staff, furloughs 5%, cuts pay as people stay home, avoid rides in possibly virus-ridden cars

by
from The Register on (#52VET)
Story ImageUber is reportedly thinking about laying off 5,000-plus, too

Lyft announced Wednesday it will lay off 17 per cent of staff, and furlough five per cent, as its business collapses amid coronavirus lockdowns and slowdowns. That amounts to roughly 980 people axed, and 290 on pause with no pay."

External Content
Source RSS or Atom Feed
Feed Location http://www.theregister.co.uk/headlines.atom
Feed Title The Register
Feed Link https://www.theregister.com/
Feed Copyright Copyright © 2024, Situation Publishing
Reply 0 comments