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January 29, 2020 07:29 pm GMT

Lyft confirms 90 layoffs as it targets profitability

Shares of popular American ride-hailing giant Lyft are off 1.5% today in regular trading after The New York Times reported that the company would cut some staff. TechCrunch confirmed with the company that 90 individuals are expected to be impacted by the changes. The company’s shares dipped as far as 3% before recovering. In a […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/k6hNZxhwx2Y/

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