Ride-hailing firm&nbsp;Lyft&nbsp;said Thursday it will lay off about 1,072 employees, representing 26% of the company’s workforce, as part of a <a href="https://nypost.com/2023/04/21/lyft-slashing-at-least-1200-jobs-report/">previously announced retrenchment plan</a>.

Chief Executive Officer David Risher had said&nbsp;last week&nbsp;that the company will “significantly” cut jobs, without providing details on the number of affected staff.

Lyft, which will also eliminate over 250 open positions, will incur about $41 million to $47 million in costs related to severance and employee benefits in the second quarter of 2023, it said in an exchange filing.

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</a><figcaption>CEO David Risher had said&nbsp;last week&nbsp;that the company will “significantly” cut jobs.</figcaption><figcaption><span class="credit">AP</span></figcaption>

Lyft shares rose 0.4% to $10.08 on Thursday.

CEO David Risher had said last week that the company will “significantly” cut jobs, without providing details on the number of affected staff.

Lyft slashing over 1,000 jobs — nearly a quarter of its workforce

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