New York City commuters will have a new challenge on their way to work Wednesday: Drivers for ride-hailing services Uber and Lyft plan to turn off their apps to bring attention to employees’ low pay among several other labor concerns.
The strike is timed to coincide with Uber’s IPO filing. The flashiest new tech stock to hit the market, Uber is expected to be valued at more than $80 billion when it finally goes public at the New York Stock Exchange on Friday. But drivers argue that the road traveled by companies like Uber and Lyft ran across the backs of employees, leaving them with low wages and without access to full-time employment benefits despite working long hours.
The drivers plan to strike for two hours in New York during Wednesday's morning rush hour — 7 to 9 a.m. — and plan to rally outside Uber and Lyft’s headquarters in Queens in the afternoon to share their demands for job security, a livable wage and greater fare regulations, according toDrivers across the country as well as London ride-hailing employees are also expected to join the protest.
"Wall Street investors are telling Uber and Lyft to cut down on driver income, stop incentives and go faster to Driverless Cars,” NYTWA Executive Director Bhairavi Desai said in a statement. “Uber and Lyft wrote in their S1 filings that they think they pay drivers too much already. With the IPO, Uber's corporate owners are set to make billions, all while drivers are left in poverty and go bankrupt.”to protest their working conditions as well as wage cuts.
Facebook Censorship and Mark Zuckerberg should be banned from the Internet. Facebook is not Trumps Personal MEGA Church.
It would be interesting if article explained their pay structure
Uber & Lyft get no business from me...ever!
They’re private contractors. If they don’t like the pay, don’t drive or apply for a traditional taxi service who has a union and decent pay.
Employees? I don't think that is the universal classification.
Aren't they private contractors? Didn't they enter into agreements with Uber/Lyft that state how much they would get paid?
Sounds like every other large corp. business model these days.
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