<story><title>Lyft lays off 17% of workforce, furloughs hundreds more</title><url>https://www.cnbc.com/2020/04/29/lyft-lays-off-17percent-of-workforce-furloughs-hundreds-more.html</url></story><parent_chain><item><author>stephencoyner</author><text>This seems like a great time for Amazon or Google to buy Lyft.&lt;p&gt;Amazon could bundle rides with package deliveries and get the pre-existing driver and passenger network from Lyft. Lyft was actually telling drivers to work with Amazon when the pandemic started (1).&lt;p&gt;Waymo could take Lyft’s aggregated rider demand. They already have a partnership to transfer autonomous rides from Waymo to Lyft during bad weather situations and refer Lyft riders to Waymo vehicles (2).&lt;p&gt;Edit - links below.&lt;p&gt;(1) Amazon - &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.theverge.com&amp;#x2F;2020&amp;#x2F;3&amp;#x2F;27&amp;#x2F;21197699&amp;#x2F;lyft-amazon-coronavirus-ridership-decline-job-referral-warehouse-grocery-delivery&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.theverge.com&amp;#x2F;2020&amp;#x2F;3&amp;#x2F;27&amp;#x2F;21197699&amp;#x2F;lyft-amazon-coro...&lt;/a&gt;&lt;p&gt;(2) Waymo - &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.fool.com&amp;#x2F;investing&amp;#x2F;2019&amp;#x2F;05&amp;#x2F;08&amp;#x2F;waymo-lyft-partner-self-driving-vehicles-phoenix.aspx&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.fool.com&amp;#x2F;investing&amp;#x2F;2019&amp;#x2F;05&amp;#x2F;08&amp;#x2F;waymo-lyft-partner...&lt;/a&gt;</text></item></parent_chain><comment><author>netcan</author><text>&lt;i&gt;a great time for Amazon or Google to buy Lyft&lt;/i&gt;&lt;p&gt;...What would they do with it? The business model (also uber) as-is makes a loss.&lt;p&gt;Uber&amp;#x2F;Lyft&amp;#x27;s initial proposition was that once ride sharing incumbents were established, they&amp;#x27;d have a software-ish monopoly and margins. This did not work out. Now the proposition is &amp;quot;When driverless cars get invented...&amp;quot;&lt;p&gt;If google had a car that can drive itself, they can figure out an app. They can get to a customer base. The driverless car is the important part.&lt;p&gt;Amazon otoh... deliveries maybe? If they could figure out a way to do deliveries in a lyft&amp;#x2F;uber model... that&amp;#x27;s valuable to amazon.</text></comment>
<story><title>Lyft lays off 17% of workforce, furloughs hundreds more</title><url>https://www.cnbc.com/2020/04/29/lyft-lays-off-17percent-of-workforce-furloughs-hundreds-more.html</url></story><parent_chain><item><author>stephencoyner</author><text>This seems like a great time for Amazon or Google to buy Lyft.&lt;p&gt;Amazon could bundle rides with package deliveries and get the pre-existing driver and passenger network from Lyft. Lyft was actually telling drivers to work with Amazon when the pandemic started (1).&lt;p&gt;Waymo could take Lyft’s aggregated rider demand. They already have a partnership to transfer autonomous rides from Waymo to Lyft during bad weather situations and refer Lyft riders to Waymo vehicles (2).&lt;p&gt;Edit - links below.&lt;p&gt;(1) Amazon - &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.theverge.com&amp;#x2F;2020&amp;#x2F;3&amp;#x2F;27&amp;#x2F;21197699&amp;#x2F;lyft-amazon-coronavirus-ridership-decline-job-referral-warehouse-grocery-delivery&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.theverge.com&amp;#x2F;2020&amp;#x2F;3&amp;#x2F;27&amp;#x2F;21197699&amp;#x2F;lyft-amazon-coro...&lt;/a&gt;&lt;p&gt;(2) Waymo - &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.fool.com&amp;#x2F;investing&amp;#x2F;2019&amp;#x2F;05&amp;#x2F;08&amp;#x2F;waymo-lyft-partner-self-driving-vehicles-phoenix.aspx&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.fool.com&amp;#x2F;investing&amp;#x2F;2019&amp;#x2F;05&amp;#x2F;08&amp;#x2F;waymo-lyft-partner...&lt;/a&gt;</text></item></parent_chain><comment><author>jlei523</author><text>I really don&amp;#x27;t think Waymo needs Lyft or Uber to dominate the ride hailing market in the future.&lt;p&gt;If they can make a better self-driving car than anyone else, they will win the ride-hailing market. People have no loyalty to Lyft or Uber. They will use whatever is the cheapest&amp;#x2F;most convenient.</text></comment>