CEO David Risher stated, "One thing has become abundantly clear: Bikes and scooters are core to our purpose and make our company stronger," highlighting the essential nature of these services to Lyft's identity.
Risher explained, "We will be right-sizing our cost structure, including streamlining and restructuring the [bikes and scooters] team, spending less on R&D, and focusing on deployment," indicating a significant shift in their operational strategy.
Collection
[
|
...
]