If drivers had the power to pass or reject AB5 and you were Logan Green or Dara K (CEO's of the Evil Empires) what would be some of the benefits you would offer drivers? Would you just put up the 90M (collectively) and try to fight it? Would you offer rate ncreases, if so how much? benefits? Would you offer a better "package" than Lyft in hopes drivers would stop driving for them?
Do you agree with Uber & Lyft to put up 90M to fight AB5? If you were CEO of the Evil Empire (Uber & Lyft) what would you do?
Posted 5 years, 2 months ago
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Monica Castleberry (momof4)
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Ride Expert from Philadelphia PA
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Comments
I was just thinking about this and how these 3 major companies came together to fight AB5. I just can't stop picturing Uber and Lyft being all honky-dory friendly with eachother in secret. The execs are probably all getting together for late night pizza, bonding over how to make more money together, LOL
I didnt explain very well what I was asking. First would you spend that much to fight AB5? As CEO what would you do to make drivers want to scrap (if they had that choice) AB5? What would you do to make things better for drivers so other cities dont follow CA? Sorry should've been more clear
If you are asking what I would do with the $90M, well, that isn’t enough money to do much. Can’t raise the pay or really do anything. So, if I had a slush fund of $90M, yeah, as a company, I may spend it on lawyers that may get me what I want.
Such a dry response, I know.
Uber is on a blink of having to pay a significant amount of money and go through a reform. I’m sure they will fight it but I’m sure they are also planning a contingency plan when this legislation goes through.
Basically it comes down to this, huh?
First of all, $90M is nothing to these companies and I’m sure they will and can spend more. In regards to the hourly pay, this is all a financial game to them. They just have to make the numbers work.
They will fight the fight for now, of course. It’s cheapest and the result ideal if the law remains on their side. They’ll hang on to that as long as they can. Only if that fails, they’ll start thinking about a more drastic change.