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March 8, 2019

Lyft lays off up to 50 in bikes and scooters as it gears up for another wave of launches

As Lyft continues to prepare for its IPO, the on-demand transportation startup is trimming staff to cut costs ahead of another wave of expansion.

TechCrunch has learned and confirmed that Lyft has laid off around 50 staff in its bike and scooter division, mainly people who had joined the company when it acquired the electric bike sharing startup Motivate a deal that closed about three months ago. The cuts range from managers and through to technical people and those holding less senior roles, and have been made across a number of cities, including Boston, San Francisco and New York.

(The Information separately also published a short report about [...]

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March 1, 2019

Rackspace announces it has laid off 200 workers

Rackspace, the hosted private cloud vendor, let go around 200 workers or 3 percent of its worldwide workforce of 6600 employees this week. The company says that it’s part of a recalibration where it is trying to find workers who are better suited to their current business approach.

A Rackspace spokesperson told TechCrunch that it is “a stable and profitable company.” In fact, it hired 1500 employees in 2018 and currently has 200 job openings. “We continue to invest in our business based on market opportunity and our customers’ needs – we take actions on an ongoing basis in some areas where we are over-invested and hire in areas where we are under [...]

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February 27, 2019

Apple details layoffs of 190 workers in its self-driving car division

After early confirmation, Apple is officially laying off workers in its self-driving car team. The company sent a letter to the California Employment Development Department warning that it would let go of 190 Project Titan members employees in Santa…
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February 22, 2019

Smart glasses maker North reportedly lays off 150

North, the makers of the Focals smart glasses, has laid off a portion of its workforce. The company confirmed the layoffs to Engadget but would not specify how many people lost their jobs. The Verge reported today that the cuts affected 150 employees…
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