Lyft announced it is laying off about 1% of its workforce as part of its strategy to narrow its product offerings, focusing on existing services.
The decision to reduce its workforce aligns with Lyft's choice to discontinue dockless bikes and scooters in certain markets, streamlining operations.
Stephanie Rice, a spokesperson for Lyft, emphasized the company’s gratitude for the efforts of employees being laid off in this difficult transition.
Lyft will not alter its Bay Wheels bike-share system in the Bay Area while renaming its bikes and scooters division to Lyft Urban Solutions.
[
Collection
]
[
|
...
]