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{"id":10522,"date":"2022-07-22T14:40:19","date_gmt":"2022-07-22T14:40:19","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/07\/22\/lyft-rentals-shuts-down-as-the-ride-sharing-company-lays-off-about-60-people\/"},"modified":"2022-07-22T14:40:20","modified_gmt":"2022-07-22T14:40:20","slug":"lyft-rentals-shuts-down-as-the-ride-sharing-company-lays-off-about-60-people","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/07\/22\/lyft-rentals-shuts-down-as-the-ride-sharing-company-lays-off-about-60-people\/","title":{"rendered":"Lyft Rentals shuts down as the ride-sharing company lays off about 60 people"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/7\/21\/23273092\/lyft-rentals-layoffs-car-ride-sharing-transportation<\/a>
\n
<\/br><\/code><\/p>\n

\n

Lyft launched<\/a> its rental car service in December 2019, more than a year after Uber shut down a similar program<\/a> that provided rental cars<\/a> and access to bike rides and public transportation. Lyft Rentals stood out for its low starting rate of $35 a day and lack of mileage limit that also allowed renters as young as 22 years old. Now, The<\/em> Wall Street Journal <\/em>reports<\/a> Lyft has decided to call it quits, and the company confirmed to The Verge <\/em>that it laid off about 60 employees in the rental car service as well as a smaller number of people in operations. <\/p>\n

In an emailed statement, the company told The Verge<\/em> it discontinued the business to instead focus on partnerships with rental car companies Sixt and Hertz. \u201cThis decision will ensure we continue to have national coverage and offer riders a more seamless booking experience,\u201d said spokesperson Jodi Seth.<\/p>\n

Other tech companies have been slowing down or halting hiring due to the economic downturn. Uber CEO Dara Khosrowshahi announced in early May<\/a> that it would slow down hiring in an effort to reduce spending. <\/p>\n

Within the last month, Google<\/a> and Apple<\/a> have both declared plans to slow down hiring. A Google spokesperson told The Verge<\/em><\/a> <\/em>that a two-week pause in hiring is occurring so company teams can \u201cprioritize their roles and hiring plans for the rest of the year.\u201d Microsoft also announced hiring slowdowns in May<\/a>, and Bloomberg <\/em>reported<\/a> on Wednesday it removed many open job listings. <\/p>\n<\/div>\n


<\/br><\/code><\/p>\n

Source: https:\/\/www.theverge.com\/2022\/7\/21\/23273092\/lyft-rentals-layoffs-car-ride-sharing-transportation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: Lyft launched its rental car service in December 2019, more than a year after Uber shut down a similar program that provided rental cars and access to bike rides and public transportation. 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