Lyft Appoints Kristin Sverchek as President: A Bold & Exciting New Era for Ride-Sharing
Lyft has announced the appointment of Kristin Sverchek as the company’s president. Sverchek, who has been with Lyft since 2012, joined the company as general counsel and later became president of business affairs in 2021. She will now take on the title of president of Lyft, a role that was originally intended for new CEO […]
Lyft Slashes Workforce by 26%: A Massive 1,072 Employees Let Go in Major Job Cuts
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 […]