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Lyft President on Omicron Slump, Fallout Into 2022

Lyft President John Zimmer joins Emily Chang after the company reported fewer riders than analysts expected in the fourth quarter as Omicron damped travel. He also shares what he is thinking about driver supply and demand for the next quarter, and what Lyft can do to maintain its core business.

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Lyft President John Zimmer joins Emily Chang after the company reported fewer riders than analysts expected in the fourth quarter as Omicron damped travel. He also shares what he is thinking about driver supply and demand for the next quarter, and what Lyft can do to maintain its core business.

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4 Comments

4 Comments

  1. M St

    February 10, 2022 at 12:06 am

    Bullshit. Drivers make 0.90 per mile. Slave labor.

    • Rideshare Otter

      February 10, 2022 at 12:39 am

      .77 a mile in my market

  2. Rideshare Otter

    February 10, 2022 at 12:41 am

    what he is NOT telling you is that 80% of drivers ONLY last 3 months before they realize that the numbers they claim are NOT in all markets.

    AND!!! the “flexible hours” argument is complete bull … you need to drive when there is demand or you starve!!

  3. Roma

    February 10, 2022 at 1:28 am

    This business is not profitable

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NASA’s Artemis II Lifts Off | Bloomberg Artemis II Special 4/1/2026

Bloomberg’s Ed Ludlow and Loren Grush bring special coverage of NASA’s  Artemis II launch live from Kennedy Space Center on Florida’s Space Coast.  NASA’s crew of astronauts launched to space and reached a stable orbit, kicking off a landmark journey that will take them closer to the lunar surface than anyone has been in more…

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Bloomberg’s Ed Ludlow and Loren Grush bring special coverage of NASA’s  Artemis II launch live from Kennedy Space Center on Florida’s Space Coast.  NASA’s crew of astronauts launched to space and reached a stable orbit, kicking off a landmark journey that will take them closer to the lunar surface than anyone has been in more than 50 years.
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Tesla’s Sales Miss, Next Stage of NASA’s Moon Mission | Bloomberg Tech 4/2/2026

Bloomberg’s Tim Stenovec discusses the roller coaster for tech stocks as the market reacts to the ongoing conflict with Iran. Plus, Tesla posts one of its worst sales quarters in years, disappointing Wall Street even as the company tries to convince investors its future is in AI. And, NASA’s Artemis II crew prepares to fire…

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Bloomberg’s Tim Stenovec discusses the roller coaster for tech stocks as the market reacts to the ongoing conflict with Iran. Plus, Tesla posts one of its worst sales quarters in years, disappointing Wall Street even as the company tries to convince investors its future is in AI. And, NASA’s Artemis II crew prepares to fire their engines toward the moon.

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00:00:00 – Intro
00:05:30 – Tesla’s EV Sales Miss Expectations Again
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00:33:57 – Kyndryl Launches Agentic Service Management
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AI Needs to Be Controlled Properly: Kyndryl CEO

Kyndryl is launching a new service to help companies manage AI agents and get better returns from their investment on the tech. Kyndryl CEO Martin Schroeter joins Tim Stenovec on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…

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Kyndryl is launching a new service to help companies manage AI agents and get better returns from their investment on the tech. Kyndryl CEO Martin Schroeter joins Tim Stenovec on “Bloomberg Tech.”
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