Thread regarding Lyft layoffs

Lyft joins Uber in 'significantly' slowing hiring and cutting budgets, but promises no layoffs: WSJ

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 are finding it more challenging to be profitable.

https://www.businessinsider.com/lyft-joins-uber-hiring-freeze-budget-cuts-but-no-layoffs-2022-5

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