Uber and Lyft drivers around the world are striking on Wednesday to improve wages and working conditions just two days ahead of Uber's monster IPO that could generate $80 million to $90 million.In New York, drivers are striking from 7 a.m. to 9 a.m., according to the New York Taxi Workers Alliance. In some cities, like Los Angeles, drivers are being urged to keep the ride-sharing apps off all day. In Atlanta, the strike is slated for noon to midnight.
The head of our Street Heat Committee, Karim Bayumi, out with his team at LAX International Airport. to raise the temperature by convincing drivers at Uber and Lyft lots to get ready to turn their #AppsOFFMay8 at midnight for 24-hours until midnight May 9th. #StrikeUberLyft pic.twitter.com/jmbiqWrObQ
In general though, workers are protesting blockbuster paydays for high-level executives while driver pay continues to get slashed. Drivers are independent contractors, not employees, so they don't receive benefits like health insurance. Meanwhile, they've said their pay keeps going down as their costs go up.
In March, Lyft went public with a $24 billion IPO. Uber's likely will be almost four times that size. Despite the massive valuations, neither company has a clear path to profitability.
And how's that working out for them?...
Working conditions, it's their cars? If they want more money, people will stop using them because it's already expensive. Welcome back cabbies
Here is the great opportunity for businessman i will provide you templatedesign and emailcampaign.
Don't they use there own cars so if they want better working conditions. They need to buy a newer car.
Now they learn the company software they installed on their phones encrypts all their data until they go back to work
Love a good protest.
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