🌎 SF Bay Area ∙ 👩 982 employees (17%) ∙ 🖥 All departments
Lyft, the ridesharing startup, laid off 982 employees (17%) yesterday and furloughed 288 more. Rival Uber is reportedly discussing a layoff as well (to the tune of 5,000 people), though those cuts have not been finalized. Lyft and Uber’s revenue have fallen by more than 50% as a result of the coronavirus pandemic.
See below link 👇for an opt-in list of Lyft employees laid off, including 35 engineers.
See our live Layoffs Tracker for a real-time report of all startups that have done layoffs.