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A comment on Lyft laying off 13% of staff. Parent comment

Re:Lyft laying off 13% of staff by stingrae on Thursday November 03, 2022 @01:04PM (#33454046)
Tech or SAAS has definitely had a major correction/downturn. This is not evident in the unemployment data because it is such a small contingent vs the US population
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Re:Lyft laying off 13% of staff by VBprogrammer on Thursday November 03, 2022 @01:22PM (#33454308)
It might be overdue. Tech came out of the 2008 recession pretty well in the mean (of course some people suffered badly). A lot of companies came out of it saying to cut costs they had to invest big in their technology.
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