Apr.29 — Uber Technologies Inc. ‘s chief technology officer Thuan Pham stepped down Tuesday amid reports of possibel job cuts. Lyft, Inc. is letting go of 17% of its workforce, and cutting pay for remaining staff. Scooter-sharing startup Lime is cutting as many as 190 workers. Bloomberg’s Lizette Chapman reports on “Bloomberg Technology.”
In This Story: Lyft
Lyft, Inc. is an American company that develops, markets, and operates a mobile app, offering ride-hailing, vehicles for hire, motorized scooters, a bicycle-sharing system, rental cars, and food delivery. It is based in San Francisco, California and operates in 644 cities in the United States and 12 cities in Canada.
Stock ticker: (Nasdaq: LYFT)
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