Lyft entered into the e-bike market in 2018 when it bought New York City-based Motivate, which operates the country’s largest bikeshare fleets. Earlier that year, Motivate had begun testing ebikes in New York, Washington DC and San Francisco and they were quickly becoming more popular than regular bikes. But last year, a series of accidents… Continue reading Lyft had an edge on the hot e-bike market. Then things went wrong – CNN
Tag: Lyft
Lyft Plans Job Cuts as Part of Restructuring – The New York Times
SAN FRANCISCO — Lyft said on Wednesday that it was embarking on a corporate restructuring that would result in job cuts, as the ride-hailing company grapples with questions about whether it can make money. The layoffs will affect around 90 people in Lyft’s marketing and enterprise sales departments, the company said. In marketing, Lyft is… Continue reading Lyft Plans Job Cuts as Part of Restructuring – The New York Times
Lyft to Cut 2% of Staff in Pursuit of a Profit Next Year – Bloomberg
Lyft to Cut 2% of Staff in Pursuit of a Profit Next Year Bloomberg Go to Source Go to Source
Lyft is planning to cut 90 jobs and make changes to its marketing and sales teams, ahead of its February earnings report (LYFT)
Lyft is planning to cut jobs and restructure teams, in news first reported by the New York Times Since its debut on the public market last April, Lyft has fended off investor concerns and questions on its ability to turn a profit. The report comes ahead of the company’s first fiscal quarter earnings report in… Continue reading Lyft is planning to cut 90 jobs and make changes to its marketing and sales teams, ahead of its February earnings report (LYFT)
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… Continue reading Lyft confirms 90 layoffs as it targets profitability
Lyft cuts 2% jobs on journey to profitability
FILE PHOTO: A Lyft bicycle is shown at the Lyft listing on the Nasdaq during an IPO event in Los Angeles, California, U.S., March 29, 2019. REUTERS/Mike Blake (Reuters) – Lyft Inc (LYFT.O) said on Wednesday it had cut about 2% of its workforce, or 90 jobs, as the ride-hailing company seeks to achieve its… Continue reading Lyft cuts 2% jobs on journey to profitability
Lyft: Self-Driving Research in Review: NeurIPS 2019
By: Peter Ondruska, Head of AV Research and Vladimir Iglovikov, Software Engineer Neural Information Processing Systems (NeurIPS) is one of the largest machine learning conferences in the world. There’s such high interest in attending that tickets are distributed through a lottery system! If you weren’t able to make it, you’re in luck. We’ve collected the most relevant… Continue reading Lyft: Self-Driving Research in Review: NeurIPS 2019
Via’s CEO explains how the company is beating Uber and Lyft at shared rides — and building better public transit networks at the same time
Via CEO Daniel Ramot didn’t mince words when it came to the problems with Uber and Lyft, and the detrimental effects of personal vehicles on crowded cities. Ramot said he looks forward to taking the shared-rides provider public in the future, but stopped short of a timeline. In addition to a consumer service, Via provides… Continue reading Via’s CEO explains how the company is beating Uber and Lyft at shared rides — and building better public transit networks at the same time
An Origin Story, Smart Headlights, and Other Car News
The future comes in fits and starts, and we buckled up and went through a few this week. Cruise, General Motors’ self-driving unit, hosted a big party in San Francisco to launch Origin, an electric six-seat, steering wheel-free vehicle that it says is the future of shared autonomy. The vehicle will go into production…sometime, and… Continue reading An Origin Story, Smart Headlights, and Other Car News
Lyft: Hello, Vancouver
We’ve arrived! Count on Lyft to take you wherever you want to go around town. Whether you’re attending an event with friends at the PNE, racing to a Canucks game, or catching a flight at the airport, use the Lyft app for a reliable, affordable ride. And to celebrate, score 25% off each of your… Continue reading Lyft: Hello, Vancouver