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Lyft employee here: I think part of the motivation for this is that internships are being conducted remotely, so interns do not have Bay Area living expenses. A
by throwaway139481 6y ago
Lyft employee here: I think part of the motivation for this is that internships are being conducted remotely, so interns do not have Bay Area living expenses. Another part of it obviously is that we're cutting costs due to the downturn (the layoffs and salary reductions for full-time employees were also part of that). This is not ideal, just explaining some of the rationale.
- munk-a 6y agoCan you provide a bit information about the general salary reductions? The snippet above doesn't mention or give any detail around those.
- throwaway139481 6y agoThat said, I'm sympathetic to your situation and wish we as a company could have done more for you. We're all going through a tough time right now.
- johntiger1 6y agoThanks for the sympathy, I don't blame Lyft. They always seem to try and do right by the employees (at least compared to their major competitor). But the financial hit is hard. And if they are squeezing the intern program like this, it really worries me about the future of the company (esp. full time and new grad roles).
- mattm 6y agoThe future for the company looked worrisome even before this. Like another commenter said internships are "terrible productivity/$". Companies look at it as an investment to be able to hire later on. If there's low chance of hiring later on then having interns doesn't make much sense anymore.