Airbnb-Backed Rental Manager Lyric Restructures to Focus Just on Key Cities
Photo Credit: Lyric fired about 25 staffers recently. Pictured is one of Lyric's "creative suites" in New Orleans. Lyric
Skift Take
Restructuring in itself isn't necessarily the worst thing in the world for a company, although fired employees might not see it that way. This is at least the second recent and high-profile Airbnb investment. The other, with Oyo, doesn't appear to be proceeding according to plan, either.
