Lyft layoffs to affect 26% of workforce

Lyft said Thursday it will cut 26% of its workforce, or about 1,072 people, as part of a restructuring plan aimed at rebuilding its core ride-hailing product and boosting profits. The company also said in a regulatory filing Thursday that it decided scale back hiring plans and will eliminate 250 open job positions. Lyft estimates […] Lyft layoffs to affect 26% of workforce by Kirsten Korosec originally published on TechCrunch...