This is only the first wave of many more to come if other tech companies are anything to go by. With everybody else laying off as well, there's not much to do but hope we're not next. Finding a job right now is nowhere as easy as it was a year ago or... — read more
Lyft will be scaling back on hiring and reducing budgets amid concerns of an economic slowdown, but it's stopping short of firing workers, the Wall Street Journal reported on Tuesday. The rideshare startup joins a growing list of tech companies that... — read more
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
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
15% across board. Expect announcement end of month or early May from your DM.
If you are in a technical role you are pretty much safe. Everyone else should be cautious. I am not saying cuts will happen but there is a ton of flux at Lyft right now and things will continue to shift and mold from the business standpoint. This... — read more
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
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
Adding headcount very fast. It's nuts. IPO in the works.