Loading...
Market
What will be Lyft's market share in the ride-hailing industry by the end of 2024?
2
Resolution / Starting Odds
Less than 20% • 25%
20-30% • 25%
30-40% • 25%
More than 40% • 25%
Market analysis reports from reputable firms
Story
Lyft Announces Restructuring, Sells Bike and Scooter Assets, Lays Off 1% of Workforce
Sep 4, 2024, 12:29 PM
Lyft has announced a restructuring plan that includes selling some of its bike and scooter assets and laying off about 1% of its workforce. The restructuring aims to reduce costs and is expected to incur charges between $34 million and $46 million, primarily in the third and fourth quarters of 2024, with a $20 million boost in savings. The decision comes as the ride-hailing company continues to struggle to achieve profitability.
View original story
Similar markets
Increases significantly • 25%
Remains stable • 25%
Decreases slightly • 25%
Decreases significantly • 25%
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
More than 30% • 25%
Uber increases market share • 25%
Lyft increases market share • 25%
Both remain stable • 25%
Both lose market share • 25%
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
More than 30% • 25%
Lyft shares increase more than Uber shares • 25%
Uber shares increase more than Lyft shares • 25%
Both shares increase equally • 25%
Both shares decrease • 25%
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
More than 30% • 25%
Less than 1% • 25%
1% to 5% • 25%
5% to 10% • 25%
More than 10% • 25%
Less than 10% • 25%
10% to 19% • 25%
20% to 29% • 25%
30% or more • 25%
Increase by more than 5% • 25%
Increase by less than 5% • 25%
No change • 25%
Decrease • 25%
Decrease by more than 10% • 25%
Decrease by less than 10% • 25%
Increase by less than 10% • 25%
Increase by more than 10% • 25%