Been a great ride. But don’t join now - Senior TPM Lyft Employee Review

2.0
3 Jan 2023
Recommend
CEO approval
Business outlook

Pros

work life balance Interesting work, tho don’t think the work will help customers or shareholders People , though good ones are leaving and lots of resting esp in the Eastern Europe offices Decent comp though stock has trended down consistently since IPO $72 to now

Cons

Short sighted leadership, no product vision chasing quarterly earnings but hasn’t stop stock prices from plummeting (since ipo) Shrinking US teams thru layoff and attrition, moving to lower cost locations outside of US Weak product managers and pm teams Majority of Eastern Europe teams have not been productive the last year yet excluded layoffs Benefits have been pared down consistently over the last few years. Used to have $200/mo Lyft credit, used to have snacks and drinks in the office. All have disappeared company has been on survival mode the last 2 years Wannabe Amazon, losing the Lyft values and culture

Explore other reviews about Lyft

5.0
21 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Meaningful projects. Good science community environment. Good work life balance.

Cons

Company's primary focus is still on ride-sharing business so stock price does not go up.

2.0
30 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Discovering parts of Las Vegas I wouldn't normally visit. Meeting nice people from all over the Valley and the world.

Cons

With the price of gas right now, my pay for using a mid-sized vehicle averaged out to $8 per hour (before taxes), even after 3 "bonuses." This is less than the Nevada minimum wage of $12. Regardless of what the app tells you, Lyft takes about 2/3 of the earnings for each ride, charging both for the rental and extra fees they claim have to do with the cost of car maintenance. Not sure why maintenance and everyday wear wouldn't be handled by Hertz as a normal part of their fleet ownership, as it would with any other rental. Indeed, if you're doing the Express Driver program, you have to take the car for service after getting a voucher from Hertz. On a different note, the number of riders with no picture or fake names is really high in Las Vegas compared to other places where I've driven. This issue has become a safety concern.

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