Lime laid off 80 employees

🌎 SF Bay Area βˆ™ πŸ‘© 80 employees (13%) βˆ™ πŸ–₯ All departments

Lime, the scooter rental startup, laid off 80 employees (13%) last week. The company said it’s had to “pause operations in 99% of markets worldwide to support cities’ efforts at social distancing.” Lime previously cut 100 workers and shut down 12 markets in January before the coronavirus pandemic.

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Lime lays off 100 workers and shuts down 12 markets

🌎 Mostly San Francisco βˆ™ πŸ‘©β€πŸ’Ό 100 employees (14%) βˆ™ πŸ–₯ Various business roles

Lime, the electric scooter company, is shutting down 12 of its markets and laying off 100 employees (14% of its workforce). After a period of rapid expansion into new markets, e-scooter companies have been suffering large losses, causing them to retreat. Lime has raised $765 million to date.