Of little surprise as we all stay home… Lyft decided to reduce workforce, send some home, and reduce salaries of even more. The new normal may actually be a big huge survival test machine, deciding not only who gets sick, but which companies are also not healthy. Time will tell whether Lift recovers, or languishes on life support.

Lyft will lay off 982 employees, furlough 288 more, and reduce salaries for everyone else. The news comes as the novel coronavirus pandemic has decimated the already cash-strapped ride-hailing industry.