Lyft is laying off nearly 1,000 workers after seeing its ridership drop off amid the COVID-19 pandemic.
The ride hailing company announced Wednesday it was cutting 17 percent of its staff, amounting to 982 employees, as well as instituting pay cuts for remaining workers. Lyft drivers aren't employees of the company so they aren't subject to the pay cuts or layoffs, but ridership plunges have massively cut their incomes already.
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