Business News
Home > Business News
Uber rival Lyft fires 60 workers, shuts first-party car rental service
TIWN
TIWN
PHOTO : TIWN
San Francisco, July 21 (TIWN): Uber rival Lyft has laid off at least 60 employees and shut its first-party car rental service as it aims to consolidate its global operations amid the macro-economic conditions.
According to Wall Street Journal, the layoffs covered less than 2 per cent of Lyft staff and mostly affected workers in operations. Some staffers were given 30-day notice to leave the company.
Add your Comment
Comments (0)
More Business News
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report
- 300 pc rise in market cap to Rs 400 lakh crore in last 10 years driven by strong economic fundamentals