Scooter Startup Lime Exits a Dozen Markets, Cuts Jobs [Video]

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Electric scooter-rental startup Lime is laying off 14% of its workforce as it pulls out of a dozen markets in the U.S. and abroad.

Lime, which is legally known as Neutron Holdings Inc., will stop operating in 12 markets across the globe, co-founder and Chief Executive Brad Baosaid Thursday in …