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Stock impact report

Bird: careless leadership, high turnover, and inappropriate office behavior [The Verge]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: The Verge
Emma* was up late working on a complex analysis from her laptop in bed for Bird. In mid-March, as COVID-19 was extinguishing public life in cities across the world, the scooter companyannounced“It’s hard to explain just how cool the energy [at Bird] was,” she says. Her co-workers were young, brilliant, and sincere in their belief that their electric scooters were going to change the world. “We were fucking obsessed with our jobs.”The next morning, March 27th, Emma received a calendar invite ambiguously titled “COVID-19 Update” — and a flurry of concerned texts and Slack messages as other meetings around the company were quietly canceled. At 10:30AM, she logged into the one-way Zoom webinar. After an uncomfortable wait, a woman’s voice began reading a script in a choked monotone, informing the attendees that they had all been laid off. The speech was two minutes, and the meeting abruptly ended. Emma watched as her computer automatically logged her out of her email and Slack accounts an Show less Read more
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