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April 29, 2020 11:32 pm

Lime reportedly plans to lay off as many as 100 employees

Photo by Amelia Holowaty Krales / The Verge

Lime is planning to lay off between 80 and 100 of its workers, according to Axios, an indication the company has run into financial troubles during the global COVID-19 pandemic. Lime did not respond to a request for comment for this story.

Bloomberg also reported that layoffs at Lime could be on the way, saying the cuts may hit staff in both the US and Europe and could affect as many as 190 workers. However, “our understanding is that the number is significantly lower,” Axios reported today. Some employees have already been told they are being let go, Bloomberg said. Bloomberg also reported back in March that Lime was considering laying off between 50 and 70 people.

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