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Airbnb-backed Lyric lays off 20% of staff

Written by CRETech | Mar 5, 2020 9:47:08 PM

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.