Miles Preps Ground Transport Mgmt. App for '22 Release

Ride-hailing company Lyft has laid off 60 employees and is set to consolidate some regional operations, according to the Wall Street Journal

The layoffs will affect less than 2 percent of the company’s staff, according to the report, while the consolidation effort will scale back to nine global regions from 13 and include the closure of a location in Northern California and its Detroit hub.

In addition, Lyft is shuttering its car-rental operations but will continue to work with big-name rental providers Hertz and Sixt, according to the Journal. 

The company in June partnered with Hertz to offer car rentals through its app starting in Austin, Charlotte, New Orleans, Kansas City and Nashville, with plans to offer the service nationwide, according to Lyft.

The downsizing comes after Reuters in May reported that competitor Uber would slow hiring and reduce marketing and incentive activity expenditures. 

Lyft did not immediately respond to a request for comment.

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