Lyft Plans Job Cuts as Part of Restructuring

SAN FRANCISCO — Lyft said on Wednesday that it was embarking on a corporate restructuring that would result in job cuts, as the ride-hailing company grapples with questions about whether it can make money.

The layoffs will affect around 90 people in Lyft’s marketing and enterprise sales departments, the company said. In marketing, Lyft is shifting from city-by-city marketing groups to regional teams, while its enterprise sales group is shuffling which markets are its top priorities. The company has 5,500 employees.

“We’ve carefully evaluated the resources we need to achieve our 2020 business goals, and the restructuring of some of our teams reflects that,” said Alexandra LaManna, a Lyft spokeswoman. “We are still growing rapidly and plan to hire more than 1,000 new employees this year.”

Lyft is part of a group of once highflying tech start-ups that held disappointing initial public offerings last year and are now dealing with questions about whether they can turn a profit. It is the first time that Lyft is cutting jobs since it went public in March. Last year, Lyft’s chief rival, Uber, laid off more than 1,000 employees in several rounds of cuts.

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Sr. SDET M Mehedi Zaman

Currently working as Sr. SDET at Robi Axiata Limited, a subsidiary of Axiata Group. As a Senior SDET: - Played a key role in introducing Agile Scrum methodology and implementing CI/CD pipeline to ensure quality & timely delivery. - Trained colleagues on emerging technologies, e.g. Apache Spark, Big Data, Hadoop, Internet of Things, Cloud Computing, AR, Video Streaming Services Technology, Blockchain, Data Science- Developed a test automation framework for Android and iOS apps - Developed an e2e web automation framework with Pytest - Performed penetration testing of enterprise solutions to ensure security and high availability using Kali, Burp Suite etc. - Learned Gauntlet security testing automation framework and shared the lesson learned in a knowledge sharing session

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