2023 Layoff Tracker: Intel Cuts 235 Employees

[ad_1] Tech giant Intel announced plans this week to lay off roughly 235 employees in its fifth round of job cuts this year, making it the latest major U.S. company…

Uber is officially an adult company, in large part due to CEO Dara Khosrowshahi

[ad_1] The transition of Uber Technologies into a fully adult company, as it joins the S&P 500 index, is largely due to the leadership of Chief Executive Dara Khosrowshahi. It…

Lyft Adds ‘Higher-End Ride’ as Q3 Revenue Rises

[ad_1] Ride-hailing platform Lyft has introduced a new “higher-end ride,” the company announced, as it cited “continued momentum” in travel in announcing its third-quarter results.  The new product, called Extra…

Uber and Lyft to pay $328m to New York drivers – BBC News

[ad_1] By Sam Gruet Business reporter, BBC News 1 hour ago Ride-sharing firms Uber and Lyft will pay $328m (£269m) to settle claims they “systematically cheated” New York drivers out…

Uber and Lyft agree to pay $328m to New York drivers

[ad_1] Uber and Lyft have agreed to settle claims that they “systematically cheated” drivers out of pay. [ad_2] Source link

Uber, Lyft to Pay New York $328 Million Over Wage-Theft Claims

[ad_1] Uber and Lyft have agreed to pay a combined $328 million to resolve the New York attorney general’s allegations that the ride-hailing giants cheated drivers out of their wages.…

Uber, Lyft to pay $328 million to settle wage-theft allegations in New York state

[ad_1] Uber CEO Dara Khosrowshahi is interviewed on the trading floor at the New York Stock Exchange (NYSE) in New York, August 2, 2022. Andrew Kelly | Reuters Uber and…

Lyft wants a free ride from California’s richest

[ad_1] Receive free Lyft Inc updates We’ll send you a myFT Daily Digest email rounding up the latest Lyft Inc news every morning. The writer is a partner at Sequoia…

WSJ News Exclusive | Lyft to Expand Its Ad Business as New CEO Eyes a Turnaround

[ad_1] The ride-sharing company and its larger rival, Uber, are racing to build significant ad operations. [ad_2] Source link

Lyft Q2 Revenue Up After Organizational Changes

[ad_1] After former Amazon executive David Risher became Lyft CEO in April, the company made some changes. It laid off about 26 percent of its workforce, it focused on competitive pricing in the…