Lyft Gift Cards In this COVID 19-era “well” is a relative term. Lyft’s net losses did dramatically improve from the year-ago quarter (a loss of $398 million versus $1.1 billion in Q1 2019). However Lyft was clear in its earnings call: COVID-19 had a profound impact on its customers and its business and the future was uncertain.
The company plans to shift its marketing teams to focus on regions rather than group them city-by-city while its enterprise sales team is re-evaluating which markets are its top priorities Lyft confirmed. The layoffs will affect around 90 people in Lyft’s marketing and enterprise sales departments it said. Lyft currently has 5,500 employees.
“We’ve carefully evaluated the resources we need to achieve our 2020 business goals and the restructuring of some of our teams reflects that,” a spokesperson said. “We are still growing rapidly and plan to hire more than 1,000 new employees this year.”
The company will continue with its Essential Deliveries pilot that launched April 15. cheap Lyft Gift Cards The initiative lets government agencies local non-profits businesses and healthcare organizations request on-demand delivery of meals groceries life-sustaining medical supplies hygiene products and home necessities.
Since Lyft’s October commitment to turn a profit the company’s search for new hires seems to have abruptly slowed according to data-provider Thinknum. Should the company hire 1,000 new employees this year – growing its current workforce by 18% – that will reverse the trend.
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