Sharing Economy Businesses Are Cutting Jobs Amid Pandemic

What percentage of its workforce did Lyft announce it would lay off?

• 25%

• 20%

• 17%

• 10%

What is one of the major challenges Uber is facing according to the transcript?

• A decline in rideshare demand

• A leadership vacuum

• Regulatory issues

• Increased competition from Lyft

Which executive position at Uber was recently vacated?

• Chief Technology Officer

• Chief Marketing Officer

• Chief Operating Officer

• Chief Financial Officer

How does Uber's business model differ from Lyft's?

• Lyft operates in more countries

• Uber has diversified into food delivery

• Lyft has a global presence

• Uber focuses solely on rideshare

Which company also announced layoffs alongside Uber and Lyft?

• Bird

• Spin

• Bolt

• Lime