Comment on Lyft is ceasing scooter operations in six cities and laying off 20 employees

Lyft is ceasing scooter operations in six cities and laying off 20 employees

In an industry where unit economics and rider utilization are key to running a profitable business, perhaps it’s better to cut your losses early on. Lyft notified employees today that it’s pulling its scooters from six markets: Nashville, San Antonio, Atlanta, the Phoenix area, Dallas and Columbus. “We’re choosing to focus on the markets where we can have the biggest impact,” a Lyft spokesperson told TechCrunch.

 

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