Lyft is about to reveal for the first time just how bad the coronavirus' impact has been on its business. Here's what to expect.
Ride-hailing has been hit hard by shelter-in-place orders around the world, and Lyft is no exception.
And while Lyft doesn't have a delivery arm as large as Uber's to make up for some of the ride-hailing losses, its limited global footprint of only North America could prove to be a positive in the long run. "It is now clear that the COVID-19 crisis is going to have broad-reaching implications for the economy, which impacts our business," CEO Logan Green said in a press release at the tine. "We have therefore made the difficult decision to reduce the size of our team. Our guiding principle for decision-making right now is to ensure we emerge from the crisis in the strongest possible position to achieve the company's mission.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
2 New England men are first charged with coronavirus small-business aid fraudTwo New England businessmen were arrested Tuesday on charges of fraudulently seeking federal loans intended for small businesses that have been struggling during the coronavirus pandemic, according to prosecutors.
Weiterlesen »
California Sues Uber, Lyft Saying They Misclassified Drivers as Independent ContractorsCalifornia sued the companies for allegedly misclassifying their drivers as independent contractors instead of employees, a move that intensifies a battle between the ride-hailing giants and their home state.
Weiterlesen »
California sues Uber, Lyft over misclassifying drivers as contractorsCalifornia and three of its largest cities on Tuesday sued Uber Technologies Inc and Lyft Inc , accusing them of classifying their drivers improperly as independent contractors instead of employees, evading workplace protections and withholding worker benefits.
Weiterlesen »
Uber and Lyft face landmark lawsuit over gig worker classificationCalifornia AG Becerra files lawsuit against Uber and Lyft, alleging that they have evaded state law by declaring their workers to be contractors rather than employees.
Weiterlesen »
California is suing Uber and Lyft over alleged worker misclassificationUber and Lyft were hit with a fresh lawsuit on Tuesday by California Attorney General Xavier Becerra and a coalition of city attorneys who allege the companies are misclassifying their workers in violation of a new state law.
Weiterlesen »
California Sues Uber, Lyft For Not Making Drivers EmployeesI’m a San Francisco-based reporter covering breaking news at Forbes. I’ve previously reported for USA Today, Business Insider, The San Francisco Business Times and San Jose Inside. I studied journalism at Syracuse University’s S.I. Newhouse School of Public Communications and was an editor at The Daily Orange, the university’s independent student newspaper. Follow me on Twitter rachsandl or shoot me an email rsandlerforbes.com.
Weiterlesen »