Lyft to Cut at Least 1,200 Jobs, Struggles to Keep Up with Rival Uber
WSJ Tech News Briefing - A podcast by The Wall Street Journal
Ride-hailing company Lyft plans to cut at least 30% of its workforce. It comes days after a new CEO officially took over. Can the changes and new leadership help Lyft compete with its biggest rival Uber? WSJ ride-hailing reporter Preetika Rana joins host Zoe Thomas to explain what’s going on inside Lyft. Correction: An earlier version of this podcast incorrectly stated that Lyft was planning to lay off 12,000 workers instead of 1200. (Corrected April 26.) Learn more about your ad choices. Visit megaphone.fm/adchoices
