Lyft Inc. is laying off 13% of its workforce, which amounts to 683 jobs, in what its executives are calling a proactive step as they look to a possible recession Read more
Tag: taxi
As DoorDash stock hits lowest price ever, analysts track a slowdown in food delivery
The food-delivery business has seen lots of ups and downs this year — shutdowns, layoffs, consolidations — as consumers resume their pre-pandemic ways. Now, data and insider commentary about the Read more
Waymo plans to launch driverless taxi service in Los Angeles
Waymo is targeting Los Angeles as its next location to launch a driverless taxi service. In a blog post Wednesday, the autonomous-vehicle company owned by Alphabet Inc. GOOGL, -1.13% GOOG, Read more
New union rallies at Uber HQ with ‘a core goal of winning union rights for gig workers’
Ride-hailing drivers, delivery workers and their supporters on Wednesday converged in front of Uber Technologies Inc.’s San Francisco headquarters to announce that they have formed a union. The California Gig Read more
‘Gig work’ rule is in Biden administration’s crosshairs, sending DoorDash and Lyft stocks to all-time lows
The Labor Department on Tuesday proposed a rule that could cut at the heart of the business models of Uber Technologies Inc., Lyft Inc., DoorDash Inc. and other companies that Read more
Uber and Lyft drivers net less than $7 an hour after California law passed, driver-led study finds
Ride-hailing drivers in California are taking home about $6.20 an hour under a law that was approved by the state’s voters a couple of years ago, according to a report Read more
FTC sends a warning to Uber, Lyft, DoorDash and other ‘gig-work’ companies
The Federal Trade Commission announced Thursday that it plans to crack down on the exploitation of gig workers, whom the agency said are entitled to protection regardless of their worker Read more
Lyft forms new media division to expand its advertising services
Lyft Inc. LYFT, -0.12% has formed Lyft Media, a new business unit consolidating and expanding the advertising offerings at the ride-hailing company. The news comes more than two years after Lyft Read more
Uber paid for studies that backed its business model, and is fighting disclosure of current lobbying efforts
Uber Technologies Inc. reportedly paid high-profile academics in the United States and Europe to produce reports that could be used in the company’s lobbying, while continuing to fight a push Read more
Uber whistleblower: Company ‘massaged the facts to earn the trust of drivers, of consumers and of political elite’
“I regret being part of a group of people which massaged the facts to earn the trust of drivers, of consumers and of political elites. It is my duty to Read more
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