Wednesday, 4 March 2020

Airbnb-backed Lyric lays off 20% of staff

Lyric, the Airbnb-backed hospitality startup that caters to business travelers, has laid off nearly 20 percent of its staff, The Real Deal has learned. The San Francisco-based company, which partners with multifamily landlords to offer apartments to business travelers, laid off at least 25 of its 120 staffers on February 5 amid a “downsizing and restructuring” whereby it also plans to close nearly 200 units nationwide, sources said. Founded in 2014, Lyric operated nearly 600



source https://therealdeal.com/2020/03/04/airbnb-backed-lyric-lays-off-20-of-staff/

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