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LA's Rideshare Driver Strikes! Bad timing for Uber and Lyft as they seek IPO.

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BrianTheScrewDriver
421 Driver Driver
 Posted 4 months, 4 weeks ago

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The timing couldn't be worse, but then again these "unions" knew it was an important time.

As Uber and Lyft prepare for IPOs, Los Angeles ride-share drivers turned off their apps Monday to fight for higher wages and fairer treatment.

For 25 hours Monday, hundreds of Los Angeles ride-share drivers turned off their apps in protest of low wages. Though both Uber and Lyft drivers participated in the movement, members of the L.A. organizing group Rideshare Drivers United said the strike was catalyzed by Uber’s recent decision to reduce per-mile pay in Los Angeles County and parts of Orange County by 25 percent.

The timing of the strike was bad news for the ride-hail companies: Both are preparing for an IPO, with Lyft’s public offering expected to open at a $23 billion valuation as soon as Friday. But among ride-hail drivers across the country, frustration has been mounting for awhile—and with it, organizing momentum. After New York City successfully passed a ride-hail driver minimum wage of $17.22 per hour last year, more drivers across the country have been asking: Why not us?


Comments

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    ErasDrivingCo
    97 Driver
     4 months ago

    Viva la resistance!!  Time is now! 

    This is the music of the people who will not be slaves again!

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      AndrewCalam
      69
       4 months ago

      When the beating of your heart...echoes the beating of your drums..

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    cheesehead
    511 Driver Rider
     4 months ago

    The guy in the picture is using a really out of date uber logo. It's two logos ago LOL

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    lionfool
    219 Rider Driver
     4 months ago

    Wait, is this LA or Paris? I'm confused. 😆