Topics regarding layoffs at Lyft

Topics regarding layoffs at Lyft

Cuts have started

So far, a bunch of folks were laid off in Nashville this week. That's all I know.

Now we know for sure layoffs are coming

We assumed we would be looking at major layoffs with the new CEO and his history, but now we finally have confirmation. It doesn't matter. Lyft hasn't been the same company I joined years ago for a while now. I'll be happy to take severance and walk... — read more 

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Post ID: @OP+1miQB1fP

Former Amazon exec named new CEO

Lyft has been scrapping with Uber for years for a bigger sliver of the car-share market, but its new CEO thinks that the challenges to the company go beyond just its longtime competitor. The company’s founders have just stepped back from their... — read more 

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Post ID: @OP+1lSg4Me7

Recession coming

"Silicon Valley is telling us something about the recession to come with a huge wave of layoffs and hiring freezes this week" https://fortune.com/2022/11/03/tech-company-layoffs-are-a-recession-signal-apple-stripe-lyft-amazon-twitter/

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Post ID: @OP+1jyP9V1f

Comp Q

How are companies like snap and lyft handling employee comp drop due to their stocks taking a massive hit this year? Are you getting in year stocks or are you asked to suck it up and deal with it?

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| 1080 views | | 2 replies (last November 10, 2022)
Post ID: @OP+1jxs1axA

What's severance package like?

Is anybody willing to provide details? I don't work at Lyft but I was in a similar situation with Uber a few years ago and the separation package left a lot to be desired. I'm wondering if Lyft is any better or if it's basically all the same. I left... — read more 

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| 1380 views | | 2 replies (last November 4, 2022)
Post ID: @OP+1jx4ZtnD

So much for promises of no layoffs

Layoffs today at Lyft, it's a major round. Over 500 people were let go. I'm a software engineer and I got lucky, but some of my closest coworkers didn't and were let go. This is a sign for me as well to start looking for a new position as soon as... — read more 

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| 1294 views | | 1 reply (November 3, 2022)
Post ID: @OP+1jwS9ae7

Are layoffs next?

Lyft freezes hiring amid uncertain economic conditions and rising inflation Ride-hailing company Lyft Inc. said today it’s freezing all hiring in the U.S. through the end of the year amid uncertain economic conditions and rising... — read more 

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Post ID: @OP+1iWCTTXt

Are you going back?

Now that the revenue is up and the stock is on the rise and everybody is happy once again, are you planning to go back? I have zero desire to help them line their pocket once again after they treated me like trash last year at the worst possible time... — read more 

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| 1200 views | | no replies yet
Post ID: @OP+1dDWqZ4q

982 people

That's a very specific number. If they have a number like that, then they have the names already. Then why not let us know? So we can worry a little longer? Stress more about... — read more 

Tech vs Non-Tech Role Layoffs @ Lyft

If you are in a technical role you are pretty much safe. Everyone else should be cautious. I am not saying cuts will happen but there is a ton of flux at Lyft right now and things will continue to shift and mold from the business standpoint. This... — read more 

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| 2090 views | | 1 reply (May 31, 2020)
Post ID: @OP+Z9kVeWO

Next Steps

If you look what happened with SNAP after going public, a pattern emerges. In short, there will be a pressure from the Street to bump up financial results, as growth is stalling they will turn to cost cutting. I'd expect 500 to 1000 to be laid off... — read more 

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| 1731 views | | 1 reply (June 6, 2019)
Post ID: @OP+YAFUaT9

Lyft Layoffs in Boston

Source below. Not sure if this is 100% accurate but sharing the story. I do not work for Lyft, do not work in the industry, just stumbled upon this article and did a bit of research on Lyft. Apparently they never had layoffs, and given how cutting... — read more 

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| 1880 views | | no replies yet
Post ID: @OP+Y2jmvwz

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