{"id":8345,"date":"2020-04-30T13:17:00","date_gmt":"2020-04-30T13:17:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2537400"},"modified":"2020-04-30T13:17:00","modified_gmt":"2020-04-30T13:17:00","slug":"lime-reportedly-plans-to-lay-off-as-many-as-100-employees","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/04\/30\/lime-reportedly-plans-to-lay-off-as-many-as-100-employees\/","title":{"rendered":"Lime reportedly plans to lay off as many as 100 employees"},"content":{"rendered":"<p><span style=\"text-decoration: underline;\"><img loading=\"lazy\" decoding=\"async\" id=\"image1\" src=\"https:\/\/cdn.vox-cdn.com\/thumbor\/to1AhlQ-g7qG1BFggbUvTu55UIE=\/0x0:2040x1360\/1310x873\/cdn.vox-cdn.com\/uploads\/chorus_image\/image\/66730992\/akrales_190321_3312_0040.0.jpg\" width=\"476\" height=\"317\" data-pre-sourced=\"yes\" data-sourced=\"yes\" data-original=\"https:\/\/cdn.vox-cdn.com\/thumbor\/to1AhlQ-g7qG1BFggbUvTu55UIE=\/0x0:2040x1360\/1310x873\/cdn.vox-cdn.com\/uploads\/chorus_image\/image\/66730992\/akrales_190321_3312_0040.0.jpg\" data-src=\"https:\/\/cdn.vox-cdn.com\/thumbor\/to1AhlQ-g7qG1BFggbUvTu55UIE=\/0x0:2040x1360\/1310x873\/cdn.vox-cdn.com\/uploads\/chorus_image\/image\/66730992\/akrales_190321_3312_0040.0.jpg\" \/><\/span><small>Photo by Amelia Holowaty Krales \/ The Verge<\/small><\/p>\n<p>Lime is planning to lay off between 80 and 100 of its workers,&nbsp;according to&nbsp;<em>Axios<\/em>, an indication the company has run into financial troubles during the global COVID-19 pandemic. Lime did not respond to a request for comment for this story.<\/p>\n<p><em>Bloomberg<\/em>&nbsp;also reported&nbsp;that layoffs at Lime could be on the way, saying the cuts may hit staff in both the US and Europe and could affect as many as 190 workers. However, &ldquo;our understanding is that the number is significantly lower,&rdquo;&nbsp;<em>Axios<\/em>reported today. Some employees have already been told they are being let go,&nbsp;<em>Bloomberg<\/em>&nbsp;said.&nbsp;<em>Bloomberg<\/em>&nbsp;also reported back&nbsp;in March&nbsp;that Lime was considering laying off between 50 and 70 people.<\/p>\n<div>\n<aside><q>Lyft, Uber, and Bird have all recently done layoffs<\/q><\/aside>\n<\/div>\n<p>The scooter startup isn&rsquo;t the only on-demand transportation company to experience challenges during the pandemic &mdash; Lyft laid off 17 percent of its workforce&nbsp;earlier today, Uber is&nbsp;reportedly considering&nbsp;cutting up to 20 percent of its staff, and rival scooter company Bird laid off about 30 percent of its staff&nbsp;last month. Lime also laid off 14 percent of its staff and exited 12 markets&nbsp;in January&nbsp;in an effort to help the company achieve profitability.<\/p>\n<p>The scooter startup has acquired the assets of the electric skateboard company Boosted,&nbsp;<em>The Verge<\/em>&nbsp;reported on April 15th, and Lime bought those assets with more than 61 million shares of&nbsp;the company&rsquo;s common stock.<\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"https:\/\/www.theverge.com\/2020\/4\/29\/21242041\/lime-layoff-80-100-employees\" target=\"_blank\">https:\/\/www.theverge.com\/2020\/4\/29\/21242041\/lime-layoff-80-100-employees<\/a><br \/><b>Contact Information:<\/b><br \/>Jay Peters<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/artificial-intelligence-newswire\/\" rel=\"category tag\">Artificial Intelligence Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Jay Peters<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Photo by Amelia Holowaty Krales \/ The Verge Lime is planning to lay off between 80 and 100 of its workers,&nbsp;according to&nbsp;Axios, an indication the company has run into financial troubles during the global COVID-19 pandemic. Lime did not respond to a request for comment for this story. Bloomberg&nbsp;also reported&nbsp;that layoffs at Lime could be &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/04\/30\/lime-reportedly-plans-to-lay-off-as-many-as-100-employees\/\">Continue reading <span>Lime reportedly plans to lay off as many as 100 employees<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/04\/30\/lime-reportedly-plans-to-lay-off-as-many-as-100-employees\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,3,22,54],"tags":[],"class_list":["post-8345","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence-newswire","category-english","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lime reportedly plans to lay off as many as 100 employees - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/04\/30\/lime-reportedly-plans-to-lay-off-as-many-as-100-employees\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lime reportedly plans to lay off as many as 100 employees - Business\" \/>\n<meta property=\"og:description\" content=\"Photo by Amelia Holowaty Krales \/ The Verge Lime is planning to lay off between 80 and 100 of its workers,&nbsp;according to&nbsp;Axios, an indication the company has run into financial troubles during the global COVID-19 pandemic. Lime did not respond to a request for comment for this story. 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