News Formal

Ride-share company Lyft stops US hiring amid recession fears

  • 📰 10News
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 50%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

The San Francisco-based ride-hailing brand cut jobs in July in its rental operation and has been fighting out-of-control expenses as inflation reaches record levels.

Ride-sharing app Lyft says it will halt all hiring until the end of the year in the United States as companies push cost-cutting measures amid rising inflation.

Lyft cut jobs in its rental division in July, Reuters reported. The company has fought against rising expenses this year as U.S. inflation increases. The Securities and Exchange Commission said in a recent quarterly filing that Lyft had about 5,000 employees on its payroll.Lyft's competitor Uber has also cut hiring and its marketing budget.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 732. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Signs of quiet quitting and how to respond - San Francisco Business TimesExperts say there are several red flags that illustrate when a worker could be at risk of quiet quitting. Here's how companies can respond.
स्रोत: SFBusinessTimes - 🏆 78. / 68 और पढो »

Survey robot startup among 5 from Bay Area funded at week's end - San Francisco Business TimesFive early-stage funding deals and developments on two SPAC mergers were the big BayArea funding news at the end of the week. TheFunded startups venture SiliconValley SanFrancisco
स्रोत: SFBusinessTimes - 🏆 78. / 68 और पढो »