comparemela.com

Lyft is set to lay off hundreds of employees as new CEO David Risher aims to bring down costs and lower fares to attract passengers back from rival Uber. The move marks the second round of layoffs for the ride-hailing service, as it struggles to regain market share amid declining ridership and plunging stock prices.

Related Keywords

David Risher ,Logan Green ,Associated Press ,Facebook ,Wall Street Journal ,Francisco Based Lyft ,Meta Platforms ,Lyft Layoffs ,Layoffs ,Ceo ,Cost Cutting ,Uber ,San Francisco ,Expenses ,Rivers ,Affordable Rides ,Profitable Growth ,Job Cuts ,Tech Industry ,Ecurring Waves ,Meta ,Amazon ,Pandemic ,Demand ,Ride Hailing ,Food Delivery ,Pre Pandemic Levels ,Stock Price ,Shake Up ,Hares ,

© 2024 Vimarsana

comparemela.com © 2020. All Rights Reserved.