Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Lyft restructures bike and scooter program, cutting 1% workforce and focusing on e-bike rentals.
Lyft is restructuring its bike and scooter rental program, leading to a 1% workforce reduction, roughly 30 employees.
The company expects restructuring costs of $34-$46 million, primarily in Q3 2024, but anticipates a $20 million boost to adjusted EBITDA by 2025.
This decision follows Lyft's first profitable quarter as a public company and aims to shift focus from scooters to e-bike rentals, enhancing operational efficiency.
15 Articles
Lyft reestructura el programa de bicicletas y scooters, recortando un 1% de mano de obra y centrándose en el alquiler de bicicletas electrónicas.