E-Scooter Startup Lime Shuts In 12 Markets, Lays Off Around 100

Scooter company Lime is laying off about 14% of its workforce (roughly 100 employees) and shuttering operations in 12 markets as it seeks to become profitable this year, the company tells Axios. From the report: After two years of explosive growth, scooter companies have entered a new phase — survival of the fittest in a capital-intensive, money-losing industry. “We’re very confident…