Lyft lays off 17% of workforce, furloughs hundreds more

Re:Lyft lays off 17% of workforce, furloughs hundreds more by mrnobody_67 on Wednesday April 29, 2020 @06:45PM (#23025448)

Don't forget Carnival Cruise Lines... which doesn't even pay any taxes in the US as a corporation since it flies a flag of convenience and doesn't employ many Americans.

[ Parent | on HN ]

Re:Lyft lays off 17% of workforce, furloughs hundreds more by coderintherye on Wednesday April 29, 2020 @07:41PM (#23025909)

Carnival did not get a bailout: https://thepointsguy.com/news/carnival-did-not-receive-bailo...

[ Parent | on HN ]

Re:Lyft lays off 17% of workforce, furloughs hundreds more by DiogenesKynikos on Thursday April 30, 2020 @03:33AM (#23028378)

You're right that they did not specifically bail out Carnival. They bailed out the entire junk bond sector, which allowed companies like Carnival to raise money much more easily.

[ Parent | on HN ]

Re:Lyft lays off 17% of workforce, furloughs hundreds more by hjonb on Wednesday April 29, 2020 @08:16PM (#23026174)

The president and leader of the GOP wanted to give cruise lines, who are NOT paying federal taxes and fly foreign flags to dodge US taxes a giant bailout but give US cities some help? Hell no!

[ Parent | on HN ]

Re:Lyft lays off 17% of workforce, furloughs hundreds more by wonderwonder on Wednesday April 29, 2020 @07:23PM (#23025779)

I mean that's easily explained. The Saudis just purchased 8% of them. Wouldn't want the Saudis to lose money would you? /s

[ Parent | on HN ]