Risher informed Lyft's workforce of more than 4,000 employees in an email posted online Friday that a “significant” number of them will lose their jobs News 

Lyft is laying off hundreds of workers as part of new CEO David Risher’s cost-cutting plan

Lyft is preparing to lay off hundreds of workers just days after new CEO David Risher began steering the ride-hailing service to cut costs to bring its rates more in line with its biggest rival, Uber. Risher, a former Amazon executive, told Lyft’s workforce of more than 4,000 employees in an email posted online Friday that a “significant” number of them would lose their jobs. It came at the end of his first week as CEO of Lyft. The memo did not specify how many people would be laid off,…

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