I write about tech for @nytimes & steward with @nyguild. 
Say hi: DM or kate.conger@nytimes.com.
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Lyft is laying off 17 percent of its workforce and furloughing 5 percent. This is after an employment lawyer at the company accidentally invited much of the workforce to a weekend meeting called "Jetty" in what workers took to be a reference to jettisoning jobs.
Salaries are also being cut for 3 months: 30 percent cut for execs 20 percent for VPs 10 percent for everyone else Lyft will address the layoffs internally at an 11 am meeting, they told employees this morning
"Even after stay-at-home orders are lifted, a looming recession will significantly reduce overall global spending, business travel, and major events. We did not initially have plans for layoffs, but now must be prepared for these implications." -- Lyft email to employees
a heavy day for the travel industry all around, with cuts at Boeing and bleak outlook at Airbushttps://www.nytimes.com/2020/04/29/business/stock-market-today-coronavirus.html …
If anyone at Lyft is affected by these layoffs - please do contact me as we are hiring and would love to connect with such talented folks as yourselves. Really sorry this is happening and I hope this situation will be over soon.http://medal.tv/careers
@profgalloway weird how these progressive wage decreases are accepted as fair but not the case when it’s time to talk tax?
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