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> The announcement about returning to the office came a day after Lyft said in an SEC filing that it would cut 1,072 employees – or 26% of its workforce – and e

> The announcement about returning to the office came a day after Lyft said in an SEC filing that it would cut 1,072 employees – or 26% of its workforce – and eliminate 250 open positions. Another company hoping some number of workers would self-select and leave so the company can evade the consequences of firing people to puff up a falling stock value. Anyone want to bet they'll do a buyback in the next couple of quarters?

jleyank 4y ago
Giveaway is demanding non contiguous days in the office. It’s to piss off workers nothing more. Having gaps hinders work by breaking the rhythm.
- bushbaba 4y ago
  It’s like they wanted to say it’s just 3 days back. When really it’s 4 as who’s going to wfh Tuesday when they are working at the office on Mondays, weds, Thursday.
  - derwiki 4y ago
    I am going to WFH on Tuesdays; pre-pandemic it was a “no meeting day” and many worked from home.
atdrummond 4y ago
No reason to do a buyback when you’re already significantly reducing future dilutions by getting rid of 26% of people who are vesting shares.
- cratermoon 4y ago
  Don't underestimate the greed of investors.