LYFT IS REPORTEDLY PLANNING JOB CUTS AND A BIG REORG, AHEAD OF ITS EARNINGS REPORT (LYFT)

Lyft is planning to restructure its Business and cut jobs, the New York Times reported Wednesday.  Since its debut on the public market last April, Lyft has fended off investor concerns and questions on its ability to turn a profit.  The report comes ahead of the company's first fiscal quarter earnings report in 2020, set to be released on February 11th.  Lyft did not respond immediately to a request for comment.  Vis...

BusinessInsider (Date:01/29/2020 20:20) Read full article >>

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