Lyft CEO David Risher brought a colorful colloquialism to his second annual letter to shareholders: enshittification. "It describes the ongoing degradation of a once-great product or experience ...

Lyft's workforce will soon become 'significantly' smaller, according to a Friday staff-wide email from new Lyft CEO David Risher. The cuts will reportedly trim it by at least 1,200 workers.

Ride-sharing company Lyft will cut at least 1,200 jobs in another round of layoffs as it looks to reduce costs, the Wall Street Journal reported on Friday.

Citi Bike owner Lyft is reportedly looking to offload its pricey fleet of bikes and scooters as part of a wider cost-cutting shakeup by new CEO David Risher. Risher, who took over in April, wants ...

Lyft is reportedly slashing 1,200 jobs — at least 30% of its staff. It's struggling to keep up with Uber. By Lakshmi Varanasi ...

Lyft (LYFT) plans to “significantly reduce” its workforce, the company’s new CEO David Risher told employees on Friday, in another round of layoffs as it struggles to turn a profit and pull ...

Lyft's mounting losses show how far the ride-sharing firm is falling behind Uber, and it’s hard to see how Lyft could catch up in a way that doesn’t penalize shareholders even more, Jennifer ...