Filing: Lyft plans to sell some of its bike and scooter business and cut 1% of its employees as it struggles to turn profitable (Natalie Lung/Bloomberg)

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Natalie Lung / Bloomberg:
Filing: Lyft plans to sell some of its bike and scooter business and cut 1% of its employees as it struggles to turn profitable  —  - Company sees up to $46 million in charges from restructuring  — Lyft had raised prices of NYC e-bike rentals due to high costs

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