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Lyft Lays Off Nearly 1,000 Employees As Virus Saps Demand For Rides

With many U.S. cities on lockdown, demand for rides has dried up, exacerbating the financial woes of ride-hailing apps like Lyft. (Bloomberg via Getty Images)
With many U.S. cities on lockdown, demand for rides has dried up, exacerbating the financial woes of ride-hailing apps like Lyft. (Bloomberg via Getty Images)

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