Lyft announced Thursday that it will lay off more than 1,000 employees as part of an effort to cut costs. The news comes shortly after new CEO David Risher took over.

Lyft plans to “significantly reduce” its workforce, the company’s new CEO David Risher told employees on Friday, in another round of layoffs as it struggles to turn a profit and pull off a ...

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.

Eventual's data processing engine Daft was inspried by the founders' experience working on Lyft's autonomous vehicle project.

Topline Lyft shares jumped as much as 66% in after-hours trading Tuesday after a typo in its latest earnings report suggested one measure of the company’s profitability could greatly increase ...

Lyft said Thursday it would lay off 13% of its workforce, or about 683 employees, in the ride-hailing firm's latest cost-cutting step to cope with a weakening economy.

(AP Photo/Paul Sancya) Ride-sharing service Lyft is the latest company to announce a round of layoffs, CEO David Risher told employees in an email Friday.

Photos: Uber, Lyft drivers strike in US, UK on Valentine's Day From Chicago and New York and Miami to Austin, Texas, a coalition of drivers rallied at airports in 10 cities across the U.S. A ...

The strike lasted from 3-7 p.m. for participating drivers, who called for better wages, safer working conditions and changes to deactivation policies, among other things from Lyft and Uber.

Lyft (LYFT) CEO David Risher has said that the rideshare company is 'open' to selling itself, but there's a kicker – there's no obvious acquirer.

Ride-hailing service Lyft cites "clerical error" in regulatory filing that mistakenly projected a massive profit margin.

Lyft announced partnerships with software maker Mobileye, May Mobility and Nexar as the company joins its rivals in looking to build out autonomous capabilities.