Japan latest Technology,Business, Motivation and Startup News
Uber, Lyft, DoorDash and other app-based ride-hail and delivery companies will have to reimburse California gig workers potentially millions of dollars for unpaid vehicle expenses between 2022 and 2023. The …
Gig workers in California to receive millions for unpaid vehicle expenses Read More
Lyft shares tanked as much as 12% moments after the company reported first-quarter earnings as investors placed more weight on a dim outlook and lower quarter-over-quarter revenue than other financial …
Lyft shares tumble as investors react to dim outlook Read More
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. …
Lyft layoffs to affect 26% of workforce Read More
With new leadership and a soon-to-be-thinned employee base, Lyft is going to look a heck of a lot different at the end of 2023 than it did at the start. …
Honey, I shrunk the revenue multiple Read More
Lyft might once again drop its shared rides offering, just one of several changes the company’s newly appointed CEO could make in a bid to focus on its core ride-hailing …
Lyft might drop shared rides, stay focused on basics under new CEO Read More
UPDATE: This article has been updated with compensation package information for Green, Zimmer and Risher. Lyft co-founders, CEO Logan Green and president John Zimmer, are stepping down from their roles …
Lyft CEO and president stepping down to be replaced by former Amazon exec Read More
A California appeals court on Monday reversed a lower-court ruling that found Proposition 22, the ballot measure passed in November 2020 that classified Uber and Lyft drivers as independent contractors …
California court upholds Prop 22 in win for Uber, Lyft, DoorDash Read More