The ship — or the shared ride — appeared to be sailing at Lyftjust announced that it suspend recruitment in the United States through the end of 2022. This news comes after a report lack of driver last spring, and a Extra 68% off in shares of the car-sharing company this year.
It caused current and potential Lyft employees to switch their seats, turn to the anonymous social network Blind to voice their concerns. One potential employer, a former Meta employee, shared on the website that they received a call from a Lyft recruiter canceling an interview, saying the company was pausing ongoing applications.
Other applicants for the Lyft job littered the comments section with similar stories. One person announced that their interview was canceled just five minutes before it started, while another added that their interview was abruptly stopped midway through the first round.
“The layoffs are coming, so stay away for now,” a current Lyft employee replied.
“I totally look forward to it Hunger game kind of behavior from people who are still at Lyft who can’t get offers,” added a former Lyft employee. “The stories I have heard and personally experienced are disgusting. It’s rats on a sinking ship trying to survive.”
People who work at competitors also have a caveat: “I can tell from my experience at Uber; it usually happens in phases depending on how bad things are,” wrote one Blind user, explaining that after the hiring freeze comes the cancellation of the offers and then the dismissal.
When asked for comment on the hiring freeze and potential layoffs, a Lyft spokesperson said Luck“Like many other companies navigating an uncertain economy, we will be pausing hiring for all positions in the United States through the end of the year.”
Indeed, the recruitment was frozen quite popular This year – especially in the tech sector – as employers worry about an impending recession. They don’t always give good forewarning — just ask Coinbase employee who were subject to rounds of layoffs shortly after the company announced the hiring halt. But a hiring stop isn’t always a surefire sign of a layoff.
Some Lyft workers reassured the company’s new hires, saying the situation wasn’t as bad as it seemed. “Imo you will be fine,” they said. “Our headcount has been low, and with previously limited hiring and now frozen.”
Everything is not all doom and gloom for Lyft. The results of the second quarter showed a recoil for the company, surpassing pre-pandemic revenue for the first time. However, shares fell 2.5% in pre-market trading after the announcement of the hiring suspension.
Currently, speculations about layoffs are all rumors about virtual water coolers. A Lyft employee said they had been hearing about such rumors for a year now. But like a Amazon employees predicted, “Lyft’s third-quarter earnings report could be brutal if they had frozen hiring.”
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