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Home / Business / Uber and Lyft drivers plan to beat this week over wage rates

Uber and Lyft drivers plan to beat this week over wage rates



Drivers for equestrian companies Uber and Lyft are planning strikes in cities across the country over working conditions and payments as the company gives up IPO.

On Wednesday, May 8, drivers in Chicago, Los Angeles, San Francisco and New York plan to strike between 7 and 9 am, according to an announcement.

The drivers in New York coordinated the strike with the New York Taxi Workers Alliance, writing in a message that they demand job security, profitable revenues, and capping the company's commission to guarantee 80-85% profit from far to driver.

Bhairavi Desai, CEO of NYTWA, states that the company's IPO plans suggested drivers to push back to what they see as unfair working conditions, which they claim are targeting corporate-level employees.

"Wall Street investors tell Uber and Lyft to cut down on driver revenue, stop incentives, and speed up Driverless Cars," Desai said. "Uber and Lyft wrote in their S1

archives that they think they are already paying for drivers too much. With IPO, Uber's business owners are set to make billions, while drivers are left in poverty and go bankrupt."

Sonam Lama, who has been running for Uber since 2015, said paycheck and too many cars on the road reduce driver's opportunities.

I have a 5-year-old son and I drive for Uber to support him. But it gets harder and harder, says Lama on protest in New York. "Uber leaders get rich in our work, they should treat us with respect. We are striking to send a message that the drivers will continue to rise."

Read more : A Texas congressman drove to Uber during a legislative recession. Here's what he learned.

Other strikes organized by Rideshare Drivers United include drivers in San Francisco who log out of their apps from lunchtime to evening speed and then from rush hour to midnight. Another strike in Los Angeles and is scheduled to last 24 hours.

Lift made its debut on Nasdaq in March, and rises to a valuation of over $ 29 billion on its first day. It was the first tour company in history to become public.

The IPO was just the beginning of more than 100 tech unicorns, booting worth $ 1 billion or more, which could be announced in 2019, including Pinterest, Airbnb and Lift's rival-share app rival, Uber.


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