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Full-Time

Engineering Manager

Pay Platform

Posted on 6/27/2024

Lyft

Lyft

10,001+ employees

Ride-sharing platform connecting drivers and passengers

Automotive & Transportation
Consumer Goods

Compensation Overview

$172k - $215kAnnually

Senior

Company Historically Provides H1B Sponsorship

San Francisco, CA, USA

Requires onsite presence in San Francisco, CA for three days per week on Mondays, Thursdays, and a team-specific third day. Additionally, allows flexibility to work from anywhere for up to 4 weeks per year.

Category
Engineering Management
Software Development Management
Requirements
  • 3+ years as an engineering manager
  • Experience managing teams of 8+ engineers
  • Experience with Identity or similar domains
  • Technical background
  • Customer-focused
  • Experience guiding teams through planning and execution
Responsibilities
  • Lead a team of talented engineers
  • Mentor and guide team members
  • Build collaborative and inclusive teams
  • Provide continuous feedback
  • Create plans for technical challenges
  • Maintain balance between projects and speed
  • Instill spirit of continuous improvement
  • Work closely with recruiting team
  • Build strong relationships with other teams

Lyft connects passengers with drivers through a mobile app, primarily serving urban commuters, students, and tourists in the United States and Canada. The platform offers various ride options, including standard, luxury, and shared rides, catering to different customer preferences. Drivers use their own vehicles to provide services, and Lyft earns revenue by taking a commission from each ride fare. In addition to car rides, Lyft also provides bike and scooter rentals, and has a subscription service called Lyft Pink that offers benefits for a monthly fee. The company emphasizes safety and community guidelines to ensure a secure experience for users, while also supporting drivers with flexible payment options. Lyft's goal is to provide reliable transportation solutions while exploring self-driving technology and maintaining a diverse revenue stream.

Company Stage

IPO

Total Funding

$4.8B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

4%

1 year growth

17%

2 year growth

5%
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Simplify's Take

What believers are saying

  • Lyft's exploration of self-driving technology positions it at the forefront of innovation in the transportation sector.
  • The company's flexible payment options attract a diverse range of drivers, enhancing its service availability and reliability.
  • Strategic partnerships, such as those with Babyscripts and the NAACP, expand Lyft's market reach and social impact.

What critics are saying

  • The ongoing legal challenges regarding the classification of drivers as independent contractors could result in increased operational costs and regulatory scrutiny.
  • Intense competition from rivals like Uber may pressure Lyft's market share and profitability.

What makes Lyft unique

  • Lyft's diversified revenue streams, including bike and scooter rentals, advertising, and subscription services, set it apart from competitors who primarily focus on ride-sharing.
  • The company's emphasis on safety and community guidelines ensures a secure experience for both drivers and passengers, which is a significant competitive advantage.
  • Lyft's partnerships with organizations like the EAS Carpenters union and Babyscripts highlight its commitment to social impact and community engagement.

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