Self-driving car pioneer Waymo announced Thursday that its robotaxis will be able to carry passengers through most of the Phoenix area for the first time. The company’s cars will also start to pick up more volunteers for testing the autonomous vehicles traversing the more challenging conditions in San Francisco. The expansion marks the next leg… Continue reading Waymo robotaxis make more inroads in Phoenix, San Francisco
Tag: Lyft
Stripe, a longtime partner of Lyft, signs a big deal with Uber
Growth at $50 billion fintech Stripe has been slowing this year, but one of its key strategies to reverse that course got a decent push today: Stripe is announcing that it has inked a “strategic payments partnership” with Uber. The pair will work together initially on selected services in eight of Uber’s biggest markets, including… Continue reading Stripe, a longtime partner of Lyft, signs a big deal with Uber
A Shocking Number of Gig App Workers Were Murdered on the Job Last Year
The real number is probably even higher. Unsafe Situations In 2022, dozens of app gig workers were killed on the job — and, for some reason, labor laws haven’t caught up yet. A new report by the advocacy organization Gig Workers Rising found that in 2022, a whopping 31 gig workers were murdered on the… Continue reading A Shocking Number of Gig App Workers Were Murdered on the Job Last Year
Global Shared Mobility Market Report 2023-2027 & 2030 Featuring ANI Technologies, Avis Budget, Beijing Xiaoju Technology, Bolt, & Share Now
DUBLIN, May 2, 2023 /PRNewswire/ — The “Shared Mobility Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering. The global shared mobility market grew from $271.91 billion in 2022 to $309.27 billion in 2023 at a compound annual growth rate (CAGR) of 13.7%. The shared mobility market is expected to grow to $495.78 billion… Continue reading Global Shared Mobility Market Report 2023-2027 & 2030 Featuring ANI Technologies, Avis Budget, Beijing Xiaoju Technology, Bolt, & Share Now
On-demand Transportation Global Market Report 2023: A $341.7 Billion Market by 2027 – Long-term Forecast to 2032 Featuring Avis Budget; BlaBlaCar; BMW; Bolt; & Cabify
DUBLIN, May 2, 2023 /PRNewswire/ — The “On-demand transportation Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering. The global on-demand transportation market grew from $133.09 billion in 2022 to $161.79 billion in 2023 at a compound annual growth rate (CAGR) of 21.6%. The on-demand transportation market is expected to grow to $341.7… Continue reading On-demand Transportation Global Market Report 2023: A $341.7 Billion Market by 2027 – Long-term Forecast to 2032 Featuring Avis Budget; BlaBlaCar; BMW; Bolt; & Cabify
Uber confident on profit as ride-sharing makes strong start to 2023
SummaryCompaniesQ1 revenue, adjusted core earnings above estimatesUber’s ride-share, food-delivery heft power earningsStock soars 8%, also lifts Lyft and DoorDash May 2 (Reuters) – Uber Technologies Inc (UBER.N) forecast quarterly core earnings above estimates on Tuesday, after a surge in demand for travel and food delivery helped the U.S. ride-sharing giant report better-than-expected results for the… Continue reading Uber confident on profit as ride-sharing makes strong start to 2023
Lyft layoffs arrive, GM kills off the Chevy Bolt and Tesla makes a ‘deep fake’ defense
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point… Continue reading Lyft layoffs arrive, GM kills off the Chevy Bolt and Tesla makes a ‘deep fake’ defense
Lyft to lay off more than 1,000 employees in cost-cut push
Separately, Lyft also said it will eliminate three layers of management from 8 to 5 and divide its rideshare business into three core teams. Ride-hailing firm Lyft Inc said it will lay off about 1,072 employees, or 26% of its workforce, in one of the first steps by the new Chief Executive David Risher, sending… Continue reading Lyft to lay off more than 1,000 employees in cost-cut push
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… Continue reading Lyft layoffs to affect 26% of workforce
Lyft is laying off 26 percent of employees
The ridesharing company is shedding 1,072 jobs. Lyft had warned of impending layoffs last week, and now it’s taking action. The ridesharing company is cutting 1,072 jobs, or about 26 percent of its employees. It’s also scaling back hiring and will scrub 250 open roles. The decision will carry severance and benefits costs of up… Continue reading Lyft is laying off 26 percent of employees