Lyft

Lyft, Inc. is a ridesharing company based in San Francisco, California and operating in 640 cities in the United States and 9 cities in Canada. It develops, markets, and operates the Lyft mobile app, offering car rides, scooters, and a bicycle-sharing system.

Source: lyft.com

Lyft Lays Off 982 Employees, Furloughs 288, Cuts Exec Pay

Lyft Lays Off 982 Employees, Furloughs 288, Cuts Exec Pay
Lyft Lays Off 982 Employees, Furloughs 288, Cuts Exec Pay
April 29, 2020  |  Ridesharing

Lyft, the San Francisco-based ridesharing company, has laid off 17 percent of its workforce and imposed salary reductions for executives for three months, CNBC reported....

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COVID-19 Triggers Closure Of GM’s Car-Sharing Platform, Maven
COVID-19 Triggers Closure Of GM’s Car-Sharing Platform, Maven
April 21, 2020  |  Coronavirus

General Motors’ car-sharing company Maven has been shut down due to the coronavirus pandemic and other lingering concerns, the company said on Tuesday (April 21)....

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Lyft Turns To Meal, Grocery Deliveries
Lyft Turns To Meal, Grocery Deliveries
April 16, 2020  |  Ridesharing

A new service from Lyft will allow for on-demand delivery of groceries and other essential products, the ridesharing company said. Get the Full Story Complete...

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COVID-19 Cash Flow, Grocery Payments, Lyft Driver ‘Referrals’ Top This Week’s News
COVID-19 Cash Flow, Grocery Payments, Lyft Driver ‘Referrals’ Top This Week’s News
April 03, 2020  |  News

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...

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Gig Workers Unemployment Benefits A Question Mark
Gig Workers Unemployment Benefits A Question Mark
April 02, 2020  |  Gig Economy

Gig economy workers, despite being included in the federal stimulus for economic recovery from the coronavirus, now face uncertainty over how they’ll get any of...

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Today In Payments: Airbnb Execs Take Less Pay; Venmo, Square Cash Vie To Disperse Stimulus Funds
Today In Payments: Airbnb Execs Take Less Pay; Venmo, Square Cash Vie To Disperse Stimulus...
March 30, 2020  |  News

In today’s top news, Airbnb’s executives will forego six months of salary, while the company pauses $800 million in marketing plans, and Venmo and Cash...

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Lyft’s Driver ‘Referrals’ Show Limits Of Model, As Uber Expands
Lyft’s Driver ‘Referrals’ Show Limits Of Model, As Uber Expands
March 30, 2020  |  Ridesharing

Business models show their resilience when they are stress tested — and limitations are spotlighted, too. Get the Full Story Complete the form to unlock...

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Lyft Directs Drivers To Take Jobs At Amazon
Lyft Directs Drivers To Take Jobs At Amazon
March 28, 2020  |  Ridesharing

While the coronavirus forces consumers to stay inside, Amazon is joining forces with Lyft to attract drivers for grocery and package deliveries. Lyft has directed...

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Coronavirus Update: Target Increases Pay, Provides Bonuses; Asda To Bring Over 5,000 Workers Onboard
Coronavirus Update: Target Increases Pay, Provides Bonuses; Asda To Bring Over 5,000 Workers Onboard
March 20, 2020  |  Coronavirus

The coronavirus is changing retail compensation, operations, logistics and hiring. Here are the latest updates on the coronavirus focusing on retail. Get the Full Story Complete the...

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