Ride-hailer Lyft cuts 2% jobs as it seeks to hit profit zone by end of 2021

Ride-hailer Lyft cuts 2% jobs as it seeks to hit profit zone by end of 2021

FILE PHOTO: An electric scooter from the ride sharing company Lyft is shown on a downtown sidewalk in San Diego, California, U.S., March 15, 2019. REUTERS/Mike Blake

Lyft Inc said on Wednesday it had cut about 2% of its workforce, or 90 jobs, as the ride-hailing company seeks to achieve its goal of profitability by the end of 2021.

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