Bloomberg Technology

Sharing Economy Businesses Are Cutting Jobs Amid Pandemic

Apr.29 — Uber Technologies Inc. ‘s chief technology officer Thuan Pham stepped down Tuesday amid reports of possibel job cuts. Lyft, Inc. is letting go of 17% of its workforce, and cutting pay for remaining staff. Scooter-sharing startup Lime is cutting as many as 190 workers. Bloomberg’s Lizette Chapman reports on “Bloomberg Technology.”

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Apr.29 — Uber Technologies Inc. ‘s chief technology officer Thuan Pham stepped down Tuesday amid reports of possibel job cuts. Lyft, Inc. is letting go of 17% of its workforce, and cutting pay for remaining staff. Scooter-sharing startup Lime is cutting as many as 190 workers. Bloomberg’s Lizette Chapman reports on “Bloomberg Technology.”

5 Comments

  1. alicia burney

    April 29, 2020 at 11:53 pm

    🤓‼️😾

  2. CaliforniaMISC

    April 30, 2020 at 12:14 am

    no more cheap or subsidized rides and less pay for drivers

  3. Joe Bloe

    April 30, 2020 at 12:14 am

    I feel so sorry for poor Emily Chang about loosing her job?

  4. Juan Ok

    April 30, 2020 at 12:22 am

    Who cares brrrrrr lol the economy is fake the fed is real

  5. Juan Ok

    April 30, 2020 at 12:25 am

    Lime and bird app are stupid companies $200 million to rent scooter to kids wtf

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