Lyft reviews about "layoff"

Layoffs, limited opportunities for growth

Although I liked working at Lyft there are some huge cons on the table 1. You literally have zero impact on your future in the company. No stability at all. You can have 'exceeded expectations' results after a performance review and still be laid off in one day. Just because. Many high performance were laid off and people with worse results were left cause they had lower salaries or their project was not impacted. 2. The company has no future. The main competitor is taking up more and more share of the market with Lyft not being able to come up with alternative ways of achieving success. 3. Many people are leaving because there is no salary increase or/and the culture is different after so many layoffs. It is like living on a volcano. 4. Not all management is competent. Some of them are just the loudest voices in a room. Observed many strange decisions that were not supported by data but by the overconfidence of those managers who proposed the ideas. 5. Stock prices are low.

overhire, no proper management, layoffs, unstability.

Unorganized, toxic, mass layoffs, underprepared

Was impacted by a layoff (still loved my time there :-) !)

- Losing marketplace to Uber - Continued layoffs (3 major layoffs last 4 years) - Weak leadership

6 rounds of layoffs in from 2019-2024, lack of backfill, staff have increasingly heavy workloads with fewer staff. Also, if you work for the bike org, you could get moved to rideshare during a layoff. In Operations, not a ton of space for growth.