Ride-hailing drivers across the world went on strike on Wednesday, ahead of Uber Technologies Inc.’s UBER, +0.00% initial public offering, which is expected to price on Thursday.
Tomorrow, join me in standing with Uber and Lyft drivers. Uber is a multibillion-dollar company. Its top five executives made $143 million last year. Their drivers should not be getting pay cuts—they deserve a living wage and decent benefits. https://t.co/JM1rAo0L8t — Jeremy Corbyn May 8, 2019 Drivers detailed their experience with Uber’s commissions, while customers voiced their support. Uber, like many other gig-economy companies, categorizes its drivers as independent contractors, which reduces the company’s obligations to give the workers benefits or cover them for gas and insurance.
— Hanif Y May 8, 2019 It’s cold, wet and rainy. I’m exhausted I’m on my way to the hospital. Would usually get an Uber but today I’m leaving a bit earlier to get a bus. #Solidarity #UberShutDown https://t.co/GcmKVeGD2l
Huber & Lyft disrupted taxicab industry with automation & logistics. Time for insiders to go public monetize & loot while exploiting drivers! How long the low wage model going to succeed & enrich insiders? Time should tell!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ride-hailing drivers in New York to strike ahead of Uber IPOUber Technologies Inc's drivers in New York will go on strike next week sho... They start their own ride hailing company when? They have a huge problem coming up with employees masquerading as subcontractors, I'd guess that any ruling not in their favor might bankrupt them.
Source: Reuters - 🏆 2. / 97 Read more »
Warren Buffett: I'm not buying the Uber IPO, but I've never bought any IPO everBerkshire Hathaway Chairman and CEO Warren Buffett explains why he passed on Uber's initial public offering. Nothing like watching 3 white Banksters on 'cnbc' while futures are down sharply. Buffet is a criminal. 😎😍 Pretty sure people should educate themselves on investments and not just count on what Warren is doing...justathought
Source: CNBC - 🏆 12. / 72 Read more »
Warren Buffett: I'm not buying the Uber IPO, but I've never bought any IPO“In 54 years, I don’t think Berkshire has ever bought a new issue,” Warren Buffett said. Uber drivers planning to boycott all day of IPO and not drive. Make your plans accordingly. Yes - $BRK bought an IPO in 2018 ... StoneCo $STNE in the fall of 2018 ... guess Todd didn’t talk much about it or discuss!
Source: CNBC - 🏆 12. / 72 Read more »
Uber drivers to strike over pay and benefits ahead of the company’s $90 billion IPODrivers argue the road to both companies’ IPOs has been paved by workers who Uber and Lyft have insisted for years are merely contractors. MUNICIPALWASTE Stop driving for Uber, Just another corperation getting rich off poorer desperate working class. Hell they didn't even have to buy equipment to run the company, Your car, your phone... OK....strike away and have a good day...oops, an enjoy your cut in pay!!!
Source: NBCNews - 🏆 10. / 86 Read more »
Profits in Uber's core ride-hailing an 'Everest uphill battle,' warns analyst ahead of the IPOInstead, Wedbush's Dan Ives expects growth will come from other services like Uber Eats food delivery and Uber Freight shipping.
Source: CNBC - 🏆 12. / 72 Read more »
Uber and Lyft drivers plan to strike and rally ahead of Uber's IPORideshare drivers are planning to strike and rally again — this time, ahead of Uber's impending IPO Should be for the whole day
Source: CNN - 🏆 4. / 95 Read more »
Uber, Lyft drivers plan to strike ahead of Uber’s IPODrivers are calling for better job security, a livable income and a cap on the ride-hailing companies’ commission. Unfortunately it doesn't matter, they will lose their jobs to automation eventually anyways. This is why we need UBI.
Source: washingtonpost - 🏆 95. / 72 Read more »
Uber drivers set to protest around the world ahead of the company's $90 billion IPODrivers are also expected to stage protests against Uber and Lyft in at least eight cities around the U.S., including New York, Chicago and San Francisco. Never go back to work! Fucking end Uber and lyft Uber SaudiArabia MBS BAD IPO Uber everything goes to hell when it goes to scale. Welcome to the bell curve.
Source: CNBC - 🏆 12. / 72 Read more »
Uber drivers eye IPO riches, call for strike in U.S. and UKUber drivers eye IPO riches, call for strike in U.S. and UK by leejane71 alexandriasage ReutersJF leejane71 alexandriasage JF
Source: Reuters - 🏆 2. / 97 Read more »
Strike by Uber and Lyft drivers Wednesday has potential to disrupt travel for thousandsThe work stoppage could mean longer waits for service and surge pricing — if you can hail a ride at all. Get a real job if you want more money. Uber is not a job, the commercial tells us it's a 'side hustle' 🤣🤣🤣 Then should drive a taxi 😂
Source: washingtonpost - 🏆 95. / 72 Read more »
Uber in driver’s seat as IPO market gears up for busiest week since 2015The U.S. initial public offering market is facing its biggest week since 2015 with at least 15 deals expected to price, including Uber, the biggest IPO since...
Source: MarketWatch - 🏆 3. / 97 Read more »