How many employees did Uber's competitor Lyft announce it would lay off?
Uber to Lay Off About 14% of Its Employees
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The ride-hailing industry is facing significant challenges due to the pandemic, with Uber announcing staff cuts and its CEO waiving his salary. Lyft is also laying off employees. Despite these challenges, Uber is considering a substantial investment in the electric scooter company Lime, indicating a focus on future growth.
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What long-term investment is Uber reportedly considering?
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