Similar Stories to Lyft Announces Layoffs, Will Restructure Its Bike And Scooter Business on Bing News

As part of its narrowing product portfolio, Lyft will stop operating standalone dockless bikes and scooters. Lyft is restructuring its micromobility division and laying off about 1% of its workforce in an attempt to cut costs, the company said in a Wednesday filing with the Securities and Exchange Commission.

Topics:  securities   exchange   commission   lyft   bike   scooter   
BING NEWS:
  • Lyft to downsize, restructure bike and scooter program
    The public should expect fewer Lyft bikes and scooters as the company plans to downsize and restructure its bikes and scooters program.
    09/5/2024 - 8:53 pm | View Link
  • Lyft to downsize, restructure bike and scooter program
    For the Bay Area, no changes are being made to the Bay Wheels bike-sharing system. In their restructuring, standalone dockless bikes and scooters will be cut. Dockless scooters in Washington ...
    09/5/2024 - 5:54 pm | View Link
  • Lyft announces layoffs, will restructure its bike and scooter business
    As part of its narrowing product portfolio, Lyft will stop operating standalone dockless bikes and scooters. Lyft is restructuring its micromobility division and laying off about 1% of its workforce ...
    09/5/2024 - 9:33 am | View Link
  • Lyft to Restructure Bike and Scooter Rental Program, Cut Some Jobs
    Lyft said Wednesday that it is making some changes to its bike and scooter rental operations, which will save money in the long run as it expects to cut about 1% of its total headcount.
    09/4/2024 - 3:06 am | View Link
  • Lyft to trim workforce, restructure bike & scooter business
    Lyft is going to cut about 1% of its workforce and is restructuring its bike and scooter business in a bid to reduce its operating costs.The company expects to incur $34 million to $46 million in ...
    09/4/2024 - 2:06 am | View Link
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