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Lyft Will Lay Off At Least 1,200 Employees To Slash Costs

With a new CEO at the helm, rideshare platform Lyft will cut at least 1,200 jobs as the firm strives to compete with larger rival Uber, The Wall Street Journal reported on Friday. That’s a huge cut for a company with close to 4,000 employees, and comes on top of a 700-person layoff in November. A […] Source
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