Topics regarding layoffs at Lyft

Topics regarding layoffs at Lyft

Former Amazon exec named new CEO

Lyft has been scrapping with Uber for years for a bigger sliver of the car-share market, but its new CEO thinks that the challenges to the company go beyond just its longtime competitor. The company’s founders have just stepped back from their... —  read more 

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Post ID:  @OP+1lSg4Me7

Recession coming

"Silicon Valley is telling us something about the recession to come with a huge wave of layoffs and hiring freezes this week" https://fortune.com/2022/11/03/tech-company-layoffs-are-a-recession-signal-apple-stripe-lyft-amazon-twitter/

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Post ID:  @OP+1jyP9V1f

Comp Q

How are companies like snap and lyft handling employee comp drop due to their stocks taking a massive hit this year? Are you getting in year stocks or are you asked to suck it up and deal with it?

Are layoffs next?

Lyft freezes hiring amid uncertain economic conditions and rising inflation Ride-hailing company Lyft Inc. said today it’s freezing all hiring in the U.S. through the end of the year amid uncertain economic conditions and rising... —  read more 

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Post ID:  @OP+1iWCTTXt

Are you going back?

Now that the revenue is up and the stock is on the rise and everybody is happy once again, are you planning to go back? I have zero desire to help them line their pocket once again after they treated me like trash last year at the worst possible time... —  read more 

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Post ID:  @OP+1dDWqZ4q

982 people

That's a very specific number. If they have a number like that, then they have the names already. Then why not let us know? So we can worry a little longer? Stress more about... —  read more 

Next Steps

If you look what happened with SNAP after going public, a pattern emerges. In short, there will be a pressure from the Street to bump up financial results, as growth is stalling they will turn to cost cutting. I'd expect 500 to 1000 to be laid off... —  read more 

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Post ID:  @OP+YAFUaT9

Lyft Layoffs in Boston

Source below. Not sure if this is 100% accurate but sharing the story. I do not work for Lyft, do not work in the industry, just stumbled upon this article and did a bit of research on Lyft. Apparently they never had layoffs, and given how cutting... —  read more 

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Post ID:  @OP+Y2jmvwz

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