Uber and Lyft IPO Valuations at Risk After Drivers’ Wage Backlash

2019-3-24 10:54

Uber and Lyft might be getting ready for a couple of prime-time IPOs, but that doesn’t mean its all smooth sailing for the ride-sharing unicorns. Recent scrutiny on the amount that they pay their drivers is threatening to overshadow the public-listing amid a backlash from drivers who are looking to unionize.

Uber Slashes Bonus Pay, Drivers Feel the Pain A minimum wage is now in place in New York, ($17 after expenses for Uber and Lyft drivers), and it appears this momentum is now catching on around the US. The main fears are that both companies will slash driver pay

The post Uber and Lyft IPO Valuations at Risk After Drivers’ Wage Backlash appeared first on CCN

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drivers uber lyft pay backlash wage risk

Источник: ccn.com

drivers uber → Результатов: 14


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Uber’s off the hook for its self-driving car’s fatal accident — but what about human drivers?

Uber‘s been let off the hook by prosecutors in a case involving one of the company’s autonomous test cars that fatally struck a pedestrian in Tempe, Arizona last year, reports Reuters. However, the back-up driver behind the wheel will likely be referred to local police for further investigation, and that could potentially see him face charges of vehicular manslaughter for the accidental killing of Elaine Herzberg.

2019-3-6 16:13


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Uber unveils its

Uber has over 45,000 drivers in London, making the company a ubiquitous feature on the citysimilar last year. The most significant change is the scale of the program. For example, starting from next year, the company plans to charge riders a 15p per mile “clean air” surcharge, the entirety of which will go… This story continues at The Next WebOr just read more coverage about: Uber

2018-10-23 14:02


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AMA With Origin Team Reveals Plans for Decentralized Sharing Economy

Matt Liu, Josh Fraser and former PayPal head Yu Pan want to bring the blockchain to the sharing economy. The trio is devising a platform with an emphasis on inclusive, peer-to-peer service hubs designed to decentralize the same consumer cost-friendly business models that have made companies like Airbnb, Uber and Lyft so popular in recent years.

2018-8-16 23:25


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On Radical Markets

Recently I had the fortune to have received an advance copy of Eric Posner and Glen Weyl’s new book, Radical Markets, which could be best described as an interesting new way of looking at the subject that is sometimes called “political economy” - tackling the big questions of how markets and politics and society intersect.

2018-7-21 04:03


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