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Daily Mirror
Daily Mirror
World
Liam Buckler

Lyft to sack 1,072 employees with 26% of workforce to go amid Uber competition struggles

Lyft Uber David Risher

Ride sharing app Lyft is to sack 1,072 workers after struggling to compete with Uber, the company has announced.

4,000 employees were informed of the news on Thursday and told which offices would shut - with 26% of Lyft's workforce being axed.

The business also said it would not be hiring for an additional 250 positions.

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