Page 55 - David Risher News Today

Lyft is reportedly gearing up to lay off ‘hundreds of employees,’ a move that comes just a few days after the ride-hailing company appointed David Risher as its new CEO.

Most economists who work for companies and trade groups no longer project a recession within a year, survey shows. But many see employment dropping.

What a weekend for workers at Lyft. The company plans to "significantly reduce" its workforce, the company's new CEO David Risher has told employees, in another round of layoffs as it struggles to turn a profit and pull off a turnaround. The news came at end of his first week as Lyft's CEO.

Lyft continues its efforts to streamline operations, with the CEO telling employees the company will "significantly reduce" its workforce.

The CEO of Lyft noted that the company needs to be able to invest in competitive pricing and fast pick-up times.

Lyft, BuzzFeed, Whole Foods dismissing thousands of workers

Ride-sharing service Lyft is reportedly set to cut at least 1,200 more jobs in an attempt to reduce costs.

Lyft announced that layoffs will be going into effect in the coming week. Hundreds of jobs are at stake.

Lyft’s new CEO is preparing mass layoffs that could reportedly hit almost 30% of its workforce, one of the deepest cuts by any tech company during the…

Lyft is preparing to lay off hundreds of employees. The cuts are coming just days after...