Lyft laying off dozens of employees ...Middle East

Technology by : (The Hill) -
U.S.-based transport service Lyft has reportedly laid off approximately 60 employees amid growing economic concerns within the company. In a memo obtained and published by the Wall Street Journal Wednesday, the company said that it had laid off employees within its rental business department, which allowed customers to rent its fleet of cars through its service.  Lyft’s Vice President of Fleet and Global Operations Cal Lankton wrote in the memo that the company executives began discussions about exiting the rental business last fall, noting economic issues and the uncertainty of running a first-party rental business.  In a statement to The Hill, a Lyft spokesperson confirmed the

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