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Uber drivers in global protest ahead of the company's $90 billion IPO

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Uber and other rideshare drivers are striking across the world today, demanding better wages and labor practices ahead of Uber's IPO later this week.

drivers are logging off ride-hailing apps and taking to the streets in cities around the world Wednesday to protest against working conditions and wages.

Fares in London were surging at 1.8x normal rates as of 9:00 a.m. Wednesday morning, but it's unclear if the surge pricing was related to driver availability or rainy weather conditions.against Uber and Lyft in at least eight cities around the U.S., including New York, Chicago and San Francisco. Overnight, the strikes kicked off in Australia with Uber drivers in Sydney, Brisbane and Melbourne staging brief protests, according to Australia's Transport Union.

The U.K. drivers are demanding fares to increase to £2 per mile, up from the current rate of £1.25 per mile in London. The unions also want to lower the commission they pay Uber per ride from 25% to 15%. Uber and Lyft drivers are classified as contractors instead of employees, which has exempted them from certain benefits like minimum wage and social security. Both companies acknowledged in their S-1 filings that identifying their workers as contractors is key to their business models.

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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!!!
Källa: NBCNews - 🏆 10. / 86 Läs mer »

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.
Källa: CNBC - 🏆 12. / 72 Läs mer »