​Lyft announces layoffs, will restructure its bike and scooter business 

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As part of its narrowing product portfolio, Lyft will stop operating standalone dockless bikes and scooters.

Lyft is restructuring its micromobility division and laying off about 1% of its workforce in an attempt to cut costs, the company said in a Wednesday filing with the Securities and Exchange Commission.

 As part of its narrowing product portfolio, Lyft will stop operating standalone dockless bikes and scooters.

Lyft is restructuring its micromobility division and laying off about 1% of its workforce in an attempt to cut costs, the company said in a Wednesday filing with the Securities and Exchange Commission.  Tech 

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