Lyft to slow hiring, assess budget cuts

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Ride-hailing firm Lyft said on Tuesday it would slow down hiring and assess budget cuts in some departments, joining rival Uber Technologies in attempting to rein in costs.

Lyft to slow hiring, assess budget cuts
Ride-hailing firm Lyft said it would slow down hiring and assess budget cuts in some departments, joining rival Uber Technologies Inc in attempting to rein in costs. Lyft said no employee layoffs are planned and added it would grant special stock options to eligible employees. "We're ...

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