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Mixed๐Ÿ“‰LayoffsSeptember 4, 2024

Lyft

Laid off about 1% of workforce (30 employees) in September 2024. Stopped standalone dockless bikes/scooters, expecting $20M annual savings.

Source: Newsโœ“ VerifiedRead the source

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Lyft โ€” Layoffs: MIXED

Laid off about 1% of workforce (30 employees) in September 2024. Stopped standalone dockless bikes/scooters, expecting $20M annual savings.

https://reciepts.tech/stance/119

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Mixed๐ŸŒˆDEIFeb 2026

Dropped the phrase "diversity, equity and inclusion" from its annual report. The wording appears in the 10-K filed 2025-02-14 and is absent from the 10-K filed 2026-02-11.

SEC Filingโœ“ VerifiedShare โ†—

Co-funded $200M Prop 22 campaign with Uber. Threatened to leave California if AB5 applied. Settled Massachusetts AG suit for $25M in 2024. Drivers lack healthcare, paid leave, unemployment. Company profitable partly due to contractor model.

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