Home > > Airbnb-backed rental manager Lyric restructures to focus just on key cities

Airbnb-backed rental manager Lyric restructures to focus just on key cities

03/10/2020| 6:35:17 PM| 中文

Lyric has laid off some 25 of 120 employees early last month.

Lyric, the Airbnb-backed rental manager of multifamily apartments, hit the pause button on its growth strategy, cut its staff, and will focus on its best-performing markets.

The Real Deal reported that San Francisco-based Lyric, which managed some 600 units in more than a dozen cities around the United States, laid off some 25 of 120 employees early last month.

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TAGS: Lyric | Airbnb | apartment rental
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