margarita25
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“Lyft to lay off nearly 1,000 employees
Ride-sharing service Lyft plans to lay off 982 employees -- 17% of its company -- due to the coronavirus pandemic, the company said in a regulatory filing Wednesday.
The company has also furloughed approximately 288 employees, according to the filing with the Securities and Exchange Commission.
Lyft will also reduce the base salary for executives and some other employees for 12 weeks starting in May, according to the filing.
The layoffs will cost $28 million to $36 million in severance payments and other benefits, the company said.”
Coronavirus updates: 100 bodies found in trucks outside NYC funeral home
Ride-sharing service Lyft plans to lay off 982 employees -- 17% of its company -- due to the coronavirus pandemic, the company said in a regulatory filing Wednesday.
The company has also furloughed approximately 288 employees, according to the filing with the Securities and Exchange Commission.
Lyft will also reduce the base salary for executives and some other employees for 12 weeks starting in May, according to the filing.
The layoffs will cost $28 million to $36 million in severance payments and other benefits, the company said.”
Coronavirus updates: 100 bodies found in trucks outside NYC funeral home