Page 57 - David Risher News Today

Lyft to significantly reduce its workforce-

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

Lyft will "significantly reduce" its staff to cut costs, said CEO David Risher, who took over as the ride-hailing company's leader just this week.

Get latest articles and stories on World at LatestLY. Lyft is preparing to lay off hundreds of employees just days after new CEO David Risher began steering the ride-hailing service with a eye of driving down costs to help bring its fares more in line with its biggest rival, Uber. World News | Lyft Gears Up to Make significant Layoffs Under New CEO.

Lyft is preparing to lay off 1,200 employees, the Wall Street Journal reports, just days after new CEO David Risher began work to drive down costs.

Risher, a former Amazon executive, informed Lyft's workforce of more than 4,000 employees in an email posted online Friday that a "significant" number of them will lose their jobs. It came at end of his first week as Lyft's CEO.

Lyft Inc. CEO David Risher said on Friday the ride-hailing company will "significantly" cut jobs in another round ...

More layoffs will take place at Lyft. The rideshare company’s workforce will soon become "significantly" smaller, according to a now-publicly available…

Lyft announced that it will be laying off a significant number of employees. This decision was made by the newly appointed CEO David Risher during his first week in charge.

San Francisco, April 22 (IANS) More layoffs were announced this week as global financial consulting firm Deloitte reportedly told its staff that it will cut around 1,200 jobs in the US.