Today's Strong Jobs Market Could Soon Collapse

07:30am, Saturday, 04'th Jun 2022
Many tech companies are either slowing or pausing hiring -- or outright firing workers. And a lot of them are big creators of jobs.
LYFT is being hurt by the prevalent pandemic-related woes, rising gas prices, and other cost headwinds.
Market futures were relatively higher to start off Thursday, but that is not to say this week has been without its ups and downs.
Lyft isn't planning layoffs but is slowing hiring, reeling in spending and concentrating on profitable growth as market instability continues and its share price hovers below $17 from a 52-week high o
While LYFT plans to slow down hiring and cut costs in some departments, it does not intend to lay off employees. The company has been focusing on boosting profits.
Both ride-sharing apps are finding it hard to lure drivers back to their platforms as economies reopen.
Lyft Inc. is slowing hiring, cutting budgets and taking other actions as its stock lost another 17% on Tuesday, reaching a 52-week closing low and hovering near its all-time low.

Lyft to slow hiring, assess budget cuts

06:23pm, Tuesday, 24'th May 2022
(Reuters) -Ride-hailing firm Lyft Inc said on Tuesday it would slowdown hiring and assess budget cuts in some departments, joining rival Uber Technologies Inc in attempting to rein in costs.
A big price cut from a bullish analyst on LYFT and UBER stock sent shares of these ride-hailing companies much lower in today's session. The post LYFT, UBER Stock Fall as Bernstein Cuts Targets on Rid
These three long-term winners have dipped to levels that make them attractive buys.
Lyft's smaller size creates budgetary constraints that may be stifling its profitability and growth.
UBER aims for a leaner business model by reducing expenses on marketing and incentives, and slowing down hiring as it sees a "seismic shift" in investor sentiment.

Lyft Vs. Uber Stock: Which Is The Better Buy?

09:30am, Wednesday, 11'th May 2022
Both Lyft and Uber drastically rationalized their cost structures during the pandemic. Lyft has even posted 4 consecutive quarters of positive Adjusted EBITDA.

7 Growth Stocks to Buy on the Dip

06:40pm, Tuesday, 10'th May 2022
Although the wave of red ink in the major indices is intimidating, it also presents an intriguing opportunity for growth stocks to buy. The post 7 Growth Stocks to Buy on the Dip appeared first on Inv

Investor's Perspective: What's the Difference Between Uber and Lyft?

05:39pm, Tuesday, 10'th May 2022 The Motley Fool
Plus a look at Starbucks, Match Group, and Rover Group.
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