Lyft plans to lay off 26% of its staff in the latest big tech downsizing
Lyft, one of the largest ride-sharing companies in the US, plans to lay off 26% of its staff, or 1,072 employees. The downsizing, detailed in a filing with the US Securities and Exchange Commission , is part of a larger cost-cutting strategy announced by CEO David Risher earlier this month, just as he joined the… Read more...