Lyft Slashes Workforce by 26%: A Massive 1,072 Employees Let Go in Major Job Cuts

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On Thursday, Lyft Inc. shared more information regarding the layoffs it announced last week. According to a filing with the Securities and Exchange Commission, the ride-hailing company is laying off 1,072 employees, which accounts for about 26% of its workforce. Furthermore, it has eliminated over 250 open positions. In the second quarter, Lyft anticipates a […]