Ridecell, an operations platform serving ride-sharing companies, laid off 35 employees last Thursday, representing 15% of its workforce. The layoffs are attributed to the struggles of its customers during nationwide lockdowns amid the coronavirus pandemic, which has severely impacted the transportation industry. This move places Ridecell among other transportation startups like Uber, Lyft, Zum, and HopSkipDrive that have also conducted significant layoffs recently. The affected employees include 16 engineers based in the Bay Area, highlighting the broader economic challenges faced by tech firms in the sector during this time.
