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.

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.

Ride-sharing service Lyft is the latest company to announce a round of layoffs, ... This Monday, May 16, 2016, file photo shows a smartphone displaying the Lyft app, in Detroit.

Lyft will "significantly reduce" its staff to cut costs, said CEO David Risher, ... Lyft is the latest tech company to cut jobs. April 21, 2023 3:45 PM ET. Jaclyn Diaz Enlarge this image.

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.

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 ...

A new Lyft preference setting, known as Women+ Connect, allows female and nonbinary riders to request drivers of the same gender identity. What to shop first 🛍️ What to know 📋 How to talk ...

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.

Lyft becomes the first-ever rideshare partner for Cash App Pay. This collaboration caters to digital-first consumers, enabling payments through Cash App balances or linked debit cards. Unlock your ...