Layoffs/Job Cuts: CBS on $LYFT - Over 200 layoffs confirmed at Bay Area tech company Lyft

SAN FRANCISCO – The layoffs that had been announced last week were confirmed Thursday at local tech company Lyft, raising questions about what the loss of jobs will mean for the wider Bay Area economy.

Ride-hailing app company Lyft confirmed the layoffs to KPIX. Lyft is eliminating 227 jobs. Meanwhile, online banking company Chime is reportedly laying off over 150 workers. Both companies have notified the state Employment Development Department as required, according to reports.

$LYFT daily, weekly, and monthly charts. (Note: $LYFT recently hit its
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