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Stock impact report

Lyft to allow office employees to work remotely through 2022 [MarketWatch]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: MarketWatch
Lyft Inc., which had aimed for a February return to offices, will allow employees to work remotely for all of 2022. While a Lyft LYFT, spokesperson said the change was not directly tied to the new omicron variant, the move comes as a number of large companies are adjusting their reopening plans amid fresh concerns about COVID-19. Last week, Alphabet Inc.'s GOOGL, GOOG, Google scrapped its Jan. 10 target date for working at the office , until the tech giant can be more confident of a “stable, long-term working environment.” Lyft's ride-sharing rival, Uber Technologies Inc. UBER, also delayed its return date indefinitely . Earlier this week, Meta Platform Inc.'s FB, Facebook said it will still reopen at the end of January, but will give employees the option of postponing their return until as late as June . Neither Google nor Facebook mentioned omicron as a reason. Lyft said Wednesday its changes are to provide employees more flexibility. “We've heard from our team members that Show less Read more
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